When acquiring company takes all the assets and liabilities at the book value and discharges the purchase

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When acquiring company takes all the assets and liabilities at the book value and discharges the purchase consideration by issuing its shares, then it is to be accounted for by using

(a) Pooling of interest method

(b) Purchase method

(c) Any of these as it is subjective

(d) None of these

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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Question Posted: Dec 18, 2023 10:53 AM

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When acquiring company takes all the assets and liabilities at the book value and discharges the purchase

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Financial Accounting

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