In ………., the company does not loss its identity

Related MCQs

• A ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ company required to prepare its project and loss account according to Form B in the Schedule III to the Banking Regulation Act.
• In the case of ………………………. only one of the combining companies survives and the other losses its separate identity.
• When the purchasing company does not take over a particular liability and the vendor company pays that liability, it will debit it to
• In………., an existing company’s financial structure is reorganized without liquidating the existing company and forming a new company.
• In case of .............., one existing company takes over the business of another company and no new company is formed
• In case of .............., one existing company takes over the business of another company and no new company is formed.
• In case of inter-company holdings, the purchasing company, at the time of payment of the purchase consideration, surrenders the shares in the vendor company by crediting:
• Loss Prior to incorporation is treated as ........... Loss, and Vendor’s Salaries are chargeable to ................ incorporation period.
• No profits and Loss Appropriation Account is prepared in case of a ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ company.
• A company required to prepare in profit & loss Account according to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ in to III schedule to the banking regulation Act.