Method of amalgamation ?
This query is : Resolved
CA Sahil Singla..
(Querist)
16 September 2011
Experts
In some questions it is not mentioned whether it is Amalgamation in the nature of purchase or merger. So, can we assume any method in these sort of questions ? or First we have to check the Five conditions of merger & then decide ?
Plz answer from Exam Point of view.
In some questions it is not mentioned whether it is Amalgamation in the nature of purchase or merger. So, can we assume any method in these sort of questions ? or First we have to check the Five conditions of merger & then decide ?
Plz answer from Exam Point of view.
CA Sumat Singhal
(Expert)
17 September 2011
If nothing is mentioned then read questions very carefully then test the five conditions then u can find nature of amlgmn and accordingly method.
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CA Pushpendra Gaur
(Expert)
29 September 2011
well generally in such case, it is questions of purchase method, if it is not mentioned which method was applied
CA Sahil Singla..
(Querist)
29 September 2011
sir
here is the link to RTP CA FInal Nov 2011. In this ques No.2 on amalgamation is given & it is asked to prepare B.sheet as per Merger method. But solution is given as per Purchase method. Plz clarify
https://220.227.161.86/23421rtpfinanewnov2011_1.pdf
here is the link to RTP CA FInal Nov 2011. In this ques No.2 on amalgamation is given & it is asked to prepare B.sheet as per Merger method. But solution is given as per Purchase method. Plz clarify
https://220.227.161.86/23421rtpfinanewnov2011_1.pdf
CA Pushpendra Gaur
(Expert)
04 October 2011
no where it is asked in the question that the question is to be solved as per merger method
plz read carefully the question again
plz read carefully the question again
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CA Sahil Singla..
(Querist)
04 October 2011
haha...sir r u kidding ?
Last line clearly mentions that Prepare B.sheet of Hight Ltd after merger
Last line clearly mentions that Prepare B.sheet of Hight Ltd after merger
CA Pushpendra Gaur
(Expert)
05 October 2011
brother don't mind
the question is saying that you you are reqd to prepare the balance sheet after merger
not it is been said anywhere according to merger
the question is saying that you you are reqd to prepare the balance sheet after merger
not it is been said anywhere according to merger
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CA Pushpendra Gaur
(Expert)
05 October 2011
hindi me bolun to line ka matlab hai k
dono company k merger k baad k balance sheet banao
amalgamation k case me do companies ka merger hota hai question keh rha hai k merger i.e. amalgamation k baad k balance sheet banao
dono company k merger k baad k balance sheet banao
amalgamation k case me do companies ka merger hota hai question keh rha hai k merger i.e. amalgamation k baad k balance sheet banao
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CA Sahil Singla..
(Querist)
05 October 2011
okay. I understood what you said.
But in this question all the 5 conditions of merger are satisfied, then why answer follows purchase method ? why not merger method ?
But in this question all the 5 conditions of merger are satisfied, then why answer follows purchase method ? why not merger method ?
CA Pushpendra Gaur
(Expert)
10 October 2011
Hey Sahil i am giving you a simple tip for final examination
If the name of the method is mentioned, then follow the method
If no method is prescribed then follow the PURCHASE method irrespective of the satisfaction of five conditions
This is the thumb rule to solve the questions
If the name of the method is mentioned, then follow the method
If no method is prescribed then follow the PURCHASE method irrespective of the satisfaction of five conditions
This is the thumb rule to solve the questions
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