in case of amalgamation of two companies... if vendor and vedee companies both have investments together in debentures issued by both companies, then what is the entry in the books of purchasing company while making b/s
sajay kumar (IPCC STUDENT) (162 Points)
18 October 2010in case of amalgamation of two companies... if vendor and vedee companies both have investments together in debentures issued by both companies, then what is the entry in the books of purchasing company while making b/s
ashish khandelwal
(article)
(166 Points)
Replied 19 October 2010
In the books of vendor com.
debentures Dr
to investment
No entry in vendee comp