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Commerce · Q2711

Accounting

Graduate and Post Graduate · Commerce · question 2711

Q2711

The excess of purchase consideration over net assets of the transferor company acquired by the transferee company should be recognized as . . . . . . . . in purchase method.

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

Answer: Option C

Solution

Answer: Option C
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