25 September 2010
Hi Baljeet, none of these methods will be used in case of pooling of interest method as under this method assets and liabilities are carried at book value unlike net assets method where assets and liabilities are taken at fair value. further there is no question of net payment method also as purchased consideration is discharged by issuing shares except that cash can be paid for fraction of share. the difference between new capital issued and old capital cancelled is g/w or cap. res which is required to be adjusted in reserves. Regards, CA Shakuntala Chhangani
CAclubindia
