In amalgamation in the nature of purchase all the assets & liabilities will be transferred to realisation a/c or only those assets & liabilities will be transferred which r taken over by transferee co? Plz explain
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Amalgamation
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when ever business is closing we should transfer all the assets and liabilities to realisation account OK.... Purchase consideration credit vochidi . for assests and liabilities taken by transferee company
it's difficult for me to explain.. lol. sorry
Tnq fr replying
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