Amalgamation
Nihal (student) (45 Points)
12 November 2015Nihal (student) (45 Points)
12 November 2015
MG Rakshith
(IPCC)
(21 Points)
Replied 12 November 2015
Yeah, I've had the same doubt. It's the 9th problem in the practice manual right? My best guess is he took it unintentionally. Calculate PC without taking debentures. No matter what the answer is, we should follow the method stipulated by ICAI. They can't deduct marks since debentures are not to be included in the first place.
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