Question
Company A and Company B merge to form Company AB. Assets and liabilities are taken over at book value, and shareholders of both companies continue to have similar ownership in the new entity. Which method of amalgamation is applicable?
More Accounts Questions
- What is the primary objective of the Insolvency and Bankruptcy Code (IBC) in India?
- Which of the following is NOT an admissible expense while computing business income?
- A company has Net Sales of ₹1,000 lakhs, Net Profit of ₹80 lakhs, Total Assets of ₹750 lakhs, and Equity of ₹250 lakhs. Calculate Return on Equity (ROE) u...
- Which among the following ratios will be affected because of salaries paid in cash as advance salary?
- Goods costing ₹ 1,00,000 were insured for ₹ 50,000. Out of these goods, ¾ are destroyed by fire. The amount of claim with average clause will be:
- The 'Depository' in the Indian capital market (like NSDL or CDSL) holds securities:
- According to The Companies Act, 2013 ‘Government Company’ means any company in which not less than ________ of the paid-up share capital is held by the cen...
- As per section 408 of the Companies Act the National Company Law Tribunal shall consist of ________________
- Which inventory costing formula calculates value of closing inventory considering that inventory most recently purchased has not been sold?
- In the merger of X Ltd. and Y Ltd., it is decided that the amalgamation will be in the nature of a merger (as per AS-14). Which of the following conditions...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt