Hitesh Ltd.’s purchase consideration is Rs.12,345 and Net Assets Rs.3,568, then...........

Related MCQs

• Hitesh Ltd.’s purchase consideration is Rs.12,345 and Net Assets Rs.3,568, then..........
• The excess of purchase consideration over net assets of the transferor company acquired by the transferee company should be recognized as -------- in purchase method
• Under purchase method, the excess of net assets over purchase consideration is ……….
• In purchase method, the excess of net asset of the transferor company acquired by the transferee company over the purchase consideration should be recognized as ------------
• When the Net Assets are less than the Purchase Consideration, the difference will be
• Gross assets are 1,01,000, fictitious assets 350 are included in the gross assets. External liabilities are 7,500. 6% preference share capital is 45,000. Equity capital is 4,500 equity shares of 10 each fully paid. Average expected profit is 8,500. Transfer to reserves is 10% preference dividend is payable. NRR is 9%. The Net Asset Value Per share is ___________.
• 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 -------------
• When debentures are issued as a consideration of purchase of assets …………. Is debited.
• While calculating purchase consideration ............... values of assets is to be considered.
• While calculating purchase consideration ............... values of assets is to be considered.