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This query is : Resolved
21 September 2012
in the chapter of amalgamation in financial reporting if proposed dividend is given in the balance sheet of x ltd. and y ltd. Then wat will be its treatment in purchase consideration in the following 2 cases.:(1) y takes over x (2) z ltd is formed to take over x and y
21 September 2012
Its treated as current liability in both the cases as Proposed Dividend is a current liability.
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