In case of .............., one existing company takes over the business of another company and no new company is formed

Related MCQs

• When one of the existing companies take over business of another company or companies, it is known as ...........
• When two or more companies carrying on similar business decide to combine, a new company is formed, it is known as ..................
• Shares received from the new company are recorded at -
• If amalgamation is in the ..............., the General Reserve or Profit and Loss A/c balance will not be shown in the balance sheet