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Q. |
Which of the following statement is correct? |
A. | The amount of Goodwill or Capital Reserve is found out in the books of purchasing company only |
B. | The amount of Goodwill or Capital Reserve is found out in the books of vendor company only. |
C. | Goodwill = Net Assets – Purchase price ( |
D. | The face value of shares of purchasing company will be taken in to account while calculating purchase consideration. |
Answer» A. The amount of Goodwill or Capital Reserve is found out in the books of purchasing company only |
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