Shares received from the new company are recorded at -

Related MCQs

• In case of .............., one existing company takes over the business of another company and no new company is formed
• When two or more companies carrying on similar business decide to combine, a new company is formed, it is known as ..................
• If the intrinsic values of shares exchanged are not equal, the difference is paid in ...........
• When one of the existing companies take over business of another company or companies, it is known as ...........