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Amalgamation

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Should the INTER OWING amounts between companies be reduced from 'Debtors & Creditors' while finding 'net asstes'?

Angel Maria Varghese

CA Final

★ 9K+

21-Jan-23 15:48

380

Answers (2)

In amalgamation chapter, Practical question 5 Is it necessary to deduct from current assets and liabilities?

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Thread Starter

Angel Maria Varghese

CA Final

★ 9K+

21-Jan-23 21:32

Thread Starter

Angel Maria Varghese

In amalgamation chapter, Practical question 5 Is it necessary to deduct from current assets and liabilities?

No.

CA Suraj Lakhotia

Admin

23-Jan-23 17:06