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Commerce · Q2701

Accounting

Graduate and Post Graduate · Commerce · question 2701

Q2701

While preparing the transferee company's financial statement under amalgamation in the nature of purchase, the assets and liabilities taken over from the transferor company should be incorporated at . . . . . . . .

A.
cost
B.
book value
C.
revised value
Answer
D.
None of these

Answer: Option C

Solution

Answer: Option C
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