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In case of amalgamation if there is no method specified in question, according to which method we should pass journal entry,?
Answers (4)
CA Suraj Lakhotia Admin
Check if conditions satisfied for merger
Sir can you please tell conditions?? Is it based on book value of asset & liabilities taken?
Thread Starter
Naveen Kumar SSir can you please tell conditions?? Is it based on book value of asset & liabilities taken?
It's in material itself.. You may see the amalgamation chapter or AS 14 for conditions to be satisfied for Merger