Amalgamation adjustment account is opened in the books of Transferee Company to incorporate ………….. | Faculties

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Mr. Dubey

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📊 Corporate Accounting

Q. Amalgamation adjustment account is opened in the books of Transferee Company to incorporate …………..

(A) The assets o transferor company
(B) The statutory reserves of Transferor Company
(C) The liabilities of transferor company
(D) The statutory reserves of Transferee Company.

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✅ Correct Answer: (B) The statutory reserves of Transferor Company

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