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DEMERGER

This query is : Resolved 
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(Querist)
14 August 2010 ACCOUNTING ENTRIES TO BE PASSED IN THE BOOKS OF DEMERGER COMPANY AND RESULTANT COMPANY
AS ON APPOINTMENT DATE

BUSINESS CONDUCTED B/W APPOINTED DATE AND EFFECTIVE DATE SO ENTRY JOURNALISE FOR THAT.

ITS URGENT LET ME KNOW ASAP
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
14 August 2010 Pass a journal entry in October to transfer all sales & purchases upto that period to the demerged company and all other balances relating to the new company.
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