Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


What is the difference between amalgamation, absorption,
liquidation ? Why realisation account is being prepared ?



What is the difference between amalgamation, absorption, liquidation ? Why realisation account is b..

Answer / kunalsrivastava

When two or more entity are merged togather and form new
distinct entity is called amalgamation.
When one entity absorbed one or more emtity and later
entity loss their entity merged with former entity is
called absorption.
When a company lossed their entity by action of law or
action taken by self is called liquidation.

Realisation account is prepared to control assets and
liabilities of entity

Is This Answer Correct ?    26 Yes 4 No

Post New Answer

More Audit Interview Questions

What is the difference between compliance testing and substantive testing?

3 Answers  


what will be the accounting treatement when we are booking sales in our books and we know that the Debto will deduct the TDS and then will pay the amount

1 Answers  


Do you have any principale towards job?

9 Answers   Ernst Young, IBM,


What is the meaning of STP?

15 Answers   IBM, STP,


surrender of shares

1 Answers   ACCS, IVRCL,


what are the main tools of auditing?

0 Answers   Axis Inspection Solutions, Fidelity, Sri Padma Balaji,


how many types of Balance sheets?

5 Answers   IOCL, Kalanikethan,


audit programme

7 Answers   RIM,


Hi, We want to know about Balance Sheet, and what is main need for preparation of B/s

1 Answers   Bank Of America, Bank Of India,


what are the types of audit programme?

2 Answers  


please send me .the all journal vochers with examples.

3 Answers   Armor24x7, Honda,


1)how will you check the expenses?

12 Answers   Airtel, Pantaloon,


Categories