Answer / khushbooyadav89

In the boooks of Transferee co.:-

1) Business Purchase a/c Dr.
To Liquidator of Vendor co.

2) Fixed Asset a/c Dr.
Current Asset a/c Dr.
G/W a/c(bal. fig.) Dr.
To Business Purchase a/c
To Current Liability a/c
To Long Term Liability a/c
To Capital Reserve a/c(bal. fig.)

3) Liquidator of Vendor co. Dr.
To Shares in transferee co.
To cash a/c

my company taken a hdfc car loan rs.355493/= but bank received only 347345/= .after received the amount company purchase the car. after that regular emi paid to hdfc bank.

0 Answers  

---

credit card expenses entry kisme pass karenge

0 Answers  

---

how calculate intrest on advance tax ? and penalty on vat?

0 Answers  

---

Bank reconciliation statement

2 Answers   Bank Of America,

---

Explain the concept of responsibility accounting

0 Answers  

---

what is the difference between accounts and finance ?

5 Answers   ABC, CA,

---

what is purchase consideration?

1 Answers  

---

machinery purchase of 10000 plus transportation 800 what will be the journal entry

2 Answers   Air Smart HVAC Solutions, SS Solutions,

---

When a company s accounting year-ends on a day that is other than the end of the calendar year what is called in accounting?

0 Answers  

---

As you know any other accounting application?

0 Answers  

---

OUR COMPANY IS ENGGAGED IN CONSTRUCTION ACTIVITY .WE ARE GOING TO PURCHASE EXACAVATOR MACHINE FROM THE INTERSTATE.WHETHER THE ABOVE PURCHASE COVERED BY ISSUING THE C FORM.

0 Answers   ACC,

---

What is goods and what is assets for an organization.if the organization is an educational institute

2 Answers  

---