Question
X Ltd. is merged with Y Ltd. under the pooling of
interest method. The reserves and surplus of X Ltd. amount to ₹10 lakhs. How will this be treated in the books of Y Ltd.?Solution
As per AS 14, under pooling of interests method, all the reserves (including general reserve and surplus) of the transferor company (X Ltd.) are preserved and added to the same heads in the books of transferee company (Y Ltd.). Indian Contract Act, 1872
To harness the potential of ICT in Agriculture, Ministry of Agriculture & Farmers Welfare launched the scheme __________on January 21, 2004. The main a...
In North India rivers are perennial during the period of
Primitive and least controlled surface irrigation method is
Most widely used post emergence herbicide in rice
The sewage and sludge contains an average NPK content of
(A) 2.0 to 3.0% N. 1.0% P2 O3 and 1.0% K2 O
(B) 2.0 to 4.0% N. 2.0% P2 O3 an...
In an average well decomposed FYM (Farmyard manure) contains
Linseed is generally grown during ___________________ season in India.
Removal of the tail in lambs is called-
The symbol 'D' in thermo-bacteriology is indicated for
In Western Himalayan Region, mean annual rainfall varies from _____
