AMALGAMATION ENTRIES
This query is : Resolved
sajay kumar
(Querist)
19 October 2010
CAN any body please clear my doubt
A-PURCHASING company.
B-selling company
incase of amalgamation, if A having investments in debentures of B and B having investments in debentures of A ,
THEN what is the entry in the books of A while making b/s
A-PURCHASING company.
B-selling company
incase of amalgamation, if A having investments in debentures of B and B having investments in debentures of A ,
THEN what is the entry in the books of A while making b/s
CMA Ramesh Krishnan
(Expert)
19 October 2010
Dear Sajay Kumar
Entry will be based on the sales consideration and agreement between Company A & B
Entry will be based on the sales consideration and agreement between Company A & B
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