Under purchase method, the excess of net assets over purchase consideration is ………. | Faculties

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Mr. Dubey • 52.46K Points
Coach

Q. Under purchase method, the excess of net assets over purchase consideration is ……….

(A) Debited to goodwill account

(B) Credited to goodwill account

(C) Credited to capital reserve account

(D) Debited to capital reserve account

Correct Answer - Option(C)
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