merger
This query is : Open
15 April 2010
Hello, my query is..
when two co say A merger another co B in to itself, what will be accounting entries in both case.
pls. give me examples
thanks
Alpesh
when two co say A merger another co B in to itself, what will be accounting entries in both case.
pls. give me examples
thanks
Alpesh
15 April 2010
In case of amalgamating company:
Assets Dr
liabilities Cr
XXX Cr
It also depends on nature of amalgamation
Assets Dr
liabilities Cr
XXX Cr
It also depends on nature of amalgamation
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