amalgamation in purchase method
This query is : Open
21 July 2016
hello ..
amalgamation in the nature of purchase..while preparing equity share holder AC of selling company whether statutory reserve (investment allowances reserve bal) req. to be shown in dat account if same is given in balance sheet of selling company ? plzz reply
CA. Sunil Gokhale
(Expert)
23 July 2016
Yes, transfer statutory reserves to equity shareholders a/c
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