On Amalgamation, Profit & Loss A/c (Dr.) balance of the vendor company is closed by___________
A) debit to profit & loss a/c
B) debit to equity shareholders a/c
C) credit to equity shareholders a/c
D) debit to realisation
Correct Answer:
Verified
Q15: Equity Shareholders giving up their claim to
Q16: Amount of retirement benefits of employees exceeding
Q17: M LTD. Issued share at a face
Q18: Buy Back must be completed within_
A)3 months
B)6
Q19: According to AS 14, Transferor company means
Q20: In Interanl Reconstruction_
A)only on company goes into
Q21: Accrued Holiday remuneration becoming payable to any
Q22: If the whole of the issue of
Q23: Buy Back must expenses may be treated
Q25: The existing 1,000 shares of Rs. 100
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