How will we treat profit dirung the process of amalgamation (during time taken to complete amalgamation)?
2 Replies
Satvir Singh
(Newly minted CA)
(1733 Points)
Replied 22 August 2010
Please tell the entries to be passed, both in books of transferor and transferee
Thanks in anticipation
Faiz Ahmed
( Article Trainee)
(1731 Points)
Replied 22 August 2010
Be specific about profit earned. I mean what type of profit the company has earned..
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