Take over of a company


This query is : Resolved 

(Querist)
19 April 2008
how we show the take over of a company by another company in Balance shee & also in cash / fund flow stmts. The cash paid from the copmanys account for the take over.

Give to the notes to the item in the balance sheet.

S.K.

SAM KOSHY (Querist)
20 April 2008 how we show the take over of a company by another company in Balance shee & also in cash / fund flow stmts. The cash paid from the copmanys account for the take over.

Give to the notes to the item in the balance sheet.

S.K.

27 May 2008 assets abd liablities are aggregated at prices on which purchased and difference of consideration and net asset value is credited/debited to capital reserve/goodwill.


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