Amalgamation

Accountancy

Is the good will given in balance sheet is considered in calculation of purchase consideration in the purchase method

NAVEEN KUMAR E

CA Final

★ 14K+

14-Apr-20 09:00

738

Answers (1)

No,as goodwill given in balance sheet is intangible asset and is not considered while calculating puchase consideration..excess amount of Purchase consideration over value of net asset is considered as goodwill

Abhilasha singh

CA Inter

★ 5K+

16-Apr-20 15:08