Amalgamation adjustment account is opened in the books of Transferee Company to incorporate …………..

Related MCQs

• The Amalgamation Adjustment Account appears in the books, it is shown under the heading of ......... in the balance sheet.
• For amalgamation in the nature of merger, the shareholders holding at least or more of the equity shares of the transferor company becomes the equity shareholders of the transferee company.
• Under purchase method of amalgamation, --------- of the transferor company continues to appear in the balance sheet of the transferee company.
• While preparing the transferee company’s financial statement under amalgamation in the nature of merger, the assets and liabilities taken over from the transferor company should be incorporated at ----------
• While preparing the transferee company’s financial statement under amalgamation in the nature of purchase, the assets and liabilities taken over from the transferor company should be incorporated at --------
• For amalgamation in the nature of merger, the shareholders holding at least ______ or more of the equity shares of the transferor company becomes the equity shareholders of the transferee company.
• While preparing the books of the transferee company in purchase method, the difference between purchase consideration and share capital of the transferor company should be adjusted in -------------
• The original amount of preference share capital should be transferred to ............ account in the time of amalgamation in the books of vendor co.
• The original amount of preference share capital should be transferred to ............ account in the time of amalgamation in the books of vendor co.
• Which of the following a/c is debited when statutory reserve of the transferor company is taken over by the transferee company?