Amalgamation in the nature of merger

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 January 2013 Sir,
An existing Company took over an existing partnership firm. So, while preparing the merged balance sheet, what is the accounting treatment involved ?

anurag

anurag (Expert)
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19 January 2013 There is no question of merged balancesheet. It is only investment in Partnership firm.

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Amalgamation in the nature of merger

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