Amalgamation

There will not be any entry of realisastion expense in the books of Transferee company, when expenses are paid by tranferor company.

When Transferee compant pay the expenses then entry will be

Goodwill/Capital reserve A/c DR  

To cash/Bank

I have created videos to explain the various concepts of Amalgamation for CA CS CWA students. Below is the link to check the same -

https://youtu.be/ouSL6sRa4vs?list=PLjemDd6cjImDWEsKTgF6OtUZhVOXzoMCI

Please check.

I hope you will be be having a good learning from it.

Thanks !

CA Gopal Somani
 

Where to write amalgamation adjustment reserve account in balance sheet? plz say in detail