query regarding AMALGAMATION

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KINDLY LET ME KNOW..... IN WHICH CASES GOODWILL IS INCLUDED IN CALCULATION OF PURCH. CONS. BY NET ASSET METHOD.?

WHEN ARE INCLUSIONS OF GOODWILL MADE INTO LEDGERS?

Replies (1)

When goodwill is given in adjustment then we follow net asset method and the same will include in the calculation of purchase consideration and at last goodwill will be shown in the asset side of balance sheet of purchasing company.


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