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CA Inter doubt

Amalgamation me merger method me asset and liability takeover ki jo entry hogi usme asset or liability me goodwill and provisions bhi include krenge? Or balance ko general reserve se adjust

Asked by Priyanshu3 May 2025811 views

3 answers

  1. Sharon · 3 May 2025

    Yes, goodwill and provisions will be included at the book value and the balance will be adjusted against free reserves

  2. NEHA · 3 May 2025

    And yes, goodwill and provisions will be included in that journey entry only if goodwill is present in the balance sheet

  3. NEHA · 3 May 2025

    Difference in takeover in journey is adjusted using general reserve (debit) and capital reserve(credit)

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