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Amalgamation

Accountancy

Sir if cash is not taken by purchasing company then can we consider it as Amalgamation in Nature of purchase.

makthala venkateswarlu

CA Foundation

★ 510

30-Jan-21 10:55

550

Answers (4)

All the conditions should be satisfied to be a merger and if anyone one condition is not met it becomes amalgamation by purchase

Venkateshwara Prabhu

CA Inter

★ 16K+

30-Jan-21 14:15

Please explain about adjustment for amalgamation.. And how does Rs.(670) comes?

Attachments

Abarna Sankar

CA Final

★ 10

01-Feb-21 01:18

Abarna Sankar

Please explain about adjustment for amalgamation.. And how does Rs.(670) comes?

Purchase consideration - Share capital of Selling company

ruchi lahoti

CA Inter

★ 27K+

01-Feb-21 10:46

Abarna Sankar

Please explain about adjustment for amalgamation.. And how does Rs.(670) comes?

Inorder to incorporate the Statutory reserves,viz,Export profit reserve 200 &Investment allowance reserve 100,an equal debit is given to Amalgamation adjustment account.Here you did not provide the full problem so I can't say how 670 came.please show full question.

manasa preeshma

CA Inter

★ 2K+

15-Feb-21 15:50