In some questions it is not mentioned whether it is Amalgamation in the nature of purchase or merger. So, can we assume any method in these sort of questions ? or First we have to check the Five conditions of merger & then decide ?
17 September 2011
If nothing is mentioned then read questions very carefully then test the five conditions then u can find nature of amlgmn and accordingly method.
here is the link to RTP CA FInal Nov 2011. In this ques No.2 on amalgamation is given & it is asked to prepare B.sheet as per Merger method. But solution is given as per Purchase method. Plz clarify
05 October 2011
okay. I understood what you said. But in this question all the 5 conditions of merger are satisfied, then why answer follows purchase method ? why not merger method ?
CAclubindia
