Amalgamation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 July 2017
we have to find purchase consideration and by comparing it with net assets we have to ascertain Goodwill/capital reserve.but what if the goodwill is already given in the balance sheet of transferor company.what will be the treatment of goodwill while calculating net assets
31 July 2017
Goodwill is ignored....
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 July 2017
Means we doesn't have to add it in the assets
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