Amalgamation adj. presentation in rev sch vi
Sumit (PR) (336 Points)
29 April 2013Sumit (PR) (336 Points)
29 April 2013
SHIV
(CS , b-com)
(33 Points)
Replied 30 April 2013
it's shown in b) reserve and surplus
as below:-
ex:- if investment allowance reserve is 2lakh
then shown as below Reserve & surplus :-
investment allowance reserve = 2lakh
amalgamation adjustment account = (2lakh)
net = 0
Sweta Mody
(finals)
(25 Points)
Replied 30 April 2013