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Commerce · Q1900

Accounting

Graduate and Post Graduate · Commerce · question 1900

Q1900

Under pooling interest method, the difference between the purchase consideration and share capital of the transferee company should be adjusted to

A.
General Reserve A/c
B.
Amalgamation Adjustment A/c
C.
Goodwill or Capital Reserve A/c
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
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