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Commerce · Q2807

Accounting

Graduate and Post Graduate · Commerce · question 2807

Q2807

Which of the following a/c is debited when statutory reserve of the transferor company is taken over by the transferee company?

A.
Goodwill a/c
B.
Amalgamation adjustment a/c
Answer
C.
Capital reserve a/c
D.
Statutory reserve

Answer: Option B

Solution

Answer: Option B
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