Sale of partnership to company

Accountancy

While calculating PC of net assets taken over method is it fictitious assets considered as part of assets or not? i.e discount on issue of debenture is appearing in assets of the balance sheet

Mahammad Ali

CA Final

★ 9K+

26-Oct-22 19:51

341

Answers (2)

Best Answer

Not considered

Himanshu Somani

CA Final

★ 97K+

27-Oct-22 00:17

No, not considered

mani charan

CA Final

★ 3K+

27-Oct-22 07:52