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Amalgamation
If transferee co pays liquidation exp of transferor co than we do write entry in transferee books as goodwill a/c Dr
To bank
But in one problem I observed that later such goodwill had set offed with capital reserve , can any one explain me y they did so
Replies (7)
When you calculate excess or short paid for the worth of the company, definately it has to be adjusted with our own reserves ( purchasing company reserves ). Since in pooling of interest, you dont take over reserves of the company, question of adjusting with reserve of the selling company doesnt arise !
sorry the above reply is for the other question
Its ok sir ,Tnq once again its very worth full answer to me
Tnq fr reply
Tnq fr reply
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