Amalgamation and averge due dates doubts?

vikas gupta (c.a final....) (714 Points)

19 December 2010  

1.Why do we give purchase consideration to only euity and prefr share holders...do real owners of company CEO get any money for amalgamation?

2.Why goodwill is amortised?

3.In net assets method,why do prefrence shares are not included and debentures are included?

4.If i give working note first and then original solution,then would it be wrong in exam?

5.Sundry charges debited to customers ...what should be the entry with detail?

6.Difference between discount and rebate?

7. In computation of capital employed,why dont we deduct long term liabilities ..

                          assets - short term liabilities = capital employed