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JE query from amalgamation

Accountancy

In case of an amalgamation in nature of merger, If it is given in the question that amalgamation expenses is bourne by purchasing company, which of the below two entries is correct? Goodwill a/c Dr... To Bank Or P & L a/c Dr... To Bank?

Kumarjit Dey

CA Inter

★ 4K+

23-May-20 23:28

378

Answers (4)

Best Answer

P&L account Dr. To Bank

CA Suraj Lakhotia

Admin

24-May-20 23:22

A reply would be very kind

Thread Starter

Kumarjit Dey

CA Inter

★ 4K+

24-May-20 20:04

I think i just now got a reply to this. Has it been deleted?

Thread Starter

Kumarjit Dey

CA Inter

★ 4K+

24-May-20 23:21

CA Suraj Lakhotia Admin

P&L account Dr. To Bank

Thank you.

Thread Starter

Kumarjit Dey

CA Inter

★ 4K+

24-May-20 23:40

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