Explain the provisions of AS-14 about the purchase method of accounting for amalgamation. Also explain with the
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Explain the provisions of AS-14 about the purchase method of accounting for amalgamation. Also explain with the help of a suitable example, the concept of purchase consideration.
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AS14 Accounting for Amalgamations is an accounting standard issued by the Institute of Chartered Accountants of India ICAI that provides guidance on accounting for amalgamation transactions in the fin...View the full answer
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