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Amalgamation

Accountancy

In realisation account why we haven't take debentures and loan from A. And taken trade payable?

Abhishek Sahu

CA Inter

★ 1K+

23-Jan-24 00:28

264

Answers (1)

Best Answer

In the question it is said that the transfor company transferred only trade payable. So It got assumed that other liabilities got settled by transfor itself not taken over by buying company.

Revathy N

CA Final

★ 9K+

23-Jan-24 10:24