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Answer Posted / bipin
The loss is transferred to 'Goodwill account' in the Asset side of the Balance sheet............
The profit is transferred to 'Capital reserve' in the Liability side of the Balance sheet.
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What type of Questions are asked for Interview in Infosys - Financial Process. Any one who is into Research Analyst or Process Executive role, kindly contribute the Questions faced by you?
What Is Depreciation, and from which date do we charge Depreciation for an asset ?
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Expand MNS
Reserve Capital and Reserve Capital
