any one help me
in caase of amalgmtion in the nature of merger
calculation of pc.............
reserves are taken as liabality or not
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Urgent query
Replies (1)
hi Shahrukh,
When Amalagamation is in the Nature of Merger, the reserves are deducted from the Total Assets while calculating Purchase Consideration.Hence, they are considered as a liability. Hope, Answers the question
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