amalgamation


This query is : Resolved 

08 August 2010 sir,
if company A took over the business of compant B.&discharge the debunture of company
B AT 20% PREMIUM.then the extra amount given to debunture holder of company B is shown in REALISTION A/c as shown in case of prefernce share in the books of company B?




thanks

srinath (Expert)
08 August 2010 ya exactly... it should be taken to realisation if premium is borne by B

suppose if premium is to be borne by A then it should not be adjusted

09 August 2010 thanks 4 reply

but in this particular case ,what happen?

srinath (Expert)
10 August 2010 ya it s to be taken to realisation a/c since premium is borne by B


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