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Commerce · Q2815

Accounting

Graduate and Post Graduate · Commerce · question 2815

Q2815

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 . . . . . . . .

A.
P&L
B.
goodwill
C.
general reserve
D.
capital reserve
Answer

Answer: Option D

Solution

Answer: Option D
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