any one help me
in caase of amalgmtion in the nature of merger
calculation of pc.............
reserves are taken as liabality or not
Urgent query
Mr. John (STUDENT) (84 Points)
28 April 2012
Sufyan ukaye
(Student)
(60 Points)
Replied 28 April 2012
hi Shahrukh,
When Amalagamation is in the Nature of Merger, the reserves are deducted from the Total Assets while calculating Purchase Consideration.Hence, they are considered as a liability. Hope, Answers the question
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