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
CA Inter doubt
Asked by Priyanshu3 May 2025811 views
Sharon · 3 May 2025
Yes, goodwill and provisions will be included at the book value and the balance will be adjusted against free reserves
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
NEHA · 3 May 2025
Difference in takeover in journey is adjusted using general reserve (debit) and capital reserve(credit)
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