Where we post the Amalgamation of goodwill



Where we post the Amalgamation of goodwill..

Answer / raju

While amalgamating the company if the holding company pays
more to buy(amalgamate)subsidiary company then its treated
as goodwill/profit it will shown in balance sheet at the
asset side..

If the holding company pays less to
buy(amalgamate)subsidiary company then its treated as
goodwill/loss it will shown in balance sheet at the
liabilities side.

Is This Answer Correct ?    0 Yes 2 No

Post New Answer

More Accounting General Interview Questions

what are the General Ledger (G L)Accounts?

3 Answers  


HI FRNDS THIS IS NARESH I DONE MBA (FINANCE)IN 2011. AND I DID COMPLETE SAP FICO.I WANT TO DO START CAREER WITH SAP FICO PLZ TELL ME PLZ HAVE ANY INTERVIEW AS FRESHER IN HYD OR PLZ SEND THIS MAIL...NAINALA.NARESH@GMAIL.COM

0 Answers   IBM, Kumaran Systems,


which form is used for central sales tax outside purchase and sales and vat

2 Answers  


if my company Purchases a raw material from other trading company and paid that amount by trading company owner account this case ? how to entry are reported?

0 Answers  


Is electricity charges are direct or indirect expenses

5 Answers  






You are a B.E Student? How can u manage Banking?

0 Answers   IDEAL Detonators,


suppose we received goods from H.O.The sisterconcern received it.wat will be the entries if tge S.C.sells it from here.

0 Answers  


Tell us what is your proudest accomplishment?

0 Answers  


WHAT IS THE AUDIT?

1 Answers  


What are the effects when intangibles and tangible assests decrease

0 Answers  


What is an Automatic Payment Program ?

0 Answers  


3 principles of accounting

8 Answers  


Categories