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Q. In purchase method, the excess of net asset of the transferor company acquired by the transferee company over the purchase consideration should be recognized as ------------

Q. After the implementation of scheme of internal reconstruction, any amount left in the capital reduction A/C will be transfer to:

Q. Companies have a statutory obligation to prepare final Accounts required by section 210 of the ‐‐‐‐‐‐‐ ‐‐‐‐‐1956.

Q. The Amalgamation Adjustment Account appears in the books, it is shown under the heading of ......... in the balance sheet.

Q. The acquiree in a business combination is also called a….. company

Q. Face value debentures of subsidiary co. held by Holding Company is deducted from

Q. Companies have a statutory obligation to prepare final accounts required by section 210 of the companies Act ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Q. Banks are required to transfer ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of their profits to a statutory Reserve.

Q. In company Final Accounts Goodwill is shown under……………