Amalgamation in the nature of merger
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 January 2013
Sir,
An existing Company took over an existing partnership firm. So, while preparing the merged balance sheet, what is the accounting treatment involved ?
An existing Company took over an existing partnership firm. So, while preparing the merged balance sheet, what is the accounting treatment involved ?
19 January 2013
There is no question of merged balancesheet. It is only investment in Partnership firm.
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