Q1706
Which one of the following statements is not true?
A.
When there is one liquidation and one formation it is known as external construction
B.
Goodwill or Capital reserve arises only when the amalgamation is in the nature of merger
AnswerC.
Under the pooling of interest method, the transferee company incorporates the assets and liabilities of the transferor company at book value
D.
The vendor company transfers preliminary expenses (at the time of absorption) to equity shareholder's account
Answer: Option B
Solution
Answer: Option B
No explanation is given for this question Let's Discuss on Board