Dear All,
I am very confused when to use MERGER METHOD and Purchase Method for accounting for Amalgamations. PLEASE explain with example. THANKS
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AMALGAMATION
Replies (2)
there r 5 conditions which are given in every book...
if any of these condition is present in question than it is purchase method otherwise merger....
hey friend..even i had the same doubt..and varsha abt the condition of AS 14 they are mere theory..If u check out the problems in tulsian it shows that these conditions arent reliabe for doing the problems...
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