In an amalgamation of two companies A and B into a newly established company AB, AB issued

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In an amalgamation of two companies A and B into a newly established company AB, AB issued 30,000 shares of ₹10 each to A and 45,000 equity shares of ₹10 each to B. Identify the acquirer under IFRS-03.

(a) A

(b) B

(c) AB

(d) More facts are required

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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