Amalgamation
This query is : Resolved
karan batra
(Querist)
05 March 2015
what is the treatment of preliminary expenses(already in balance sheet) in case of absorption of a company in the books of old company? will they be considered while calculating business purchase and will it be shown in realization account?
05 March 2015
no, it will not be taken away by new co....
and old co shall transfer it to eq share holders a/c
and old co shall transfer it to eq share holders a/c
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