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Commerce · Q2858

Accounting

Graduate and Post Graduate · Commerce · question 2858

Q2858

While preparing the books of the transferee company in purchase method, the difference between purchase consideration and share capital of the transferor company should be adjusted in . . . . . . . .

A.
share capital
B.
reserves
Answer
C.
assets
D.
liabilities

Answer: Option B

Solution

Answer: Option B
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