18. On Amalgamation, Profit & Loss A/c (Dr.) balance of the vendor company is closed by___________

credit to equity shareholders a/c

debit to equity shareholders a/c

18. On Amalgamation, Profit & Loss A/c (Dr.) balance of the vendor com

1.	18. On Amalgamation, Profit & Loss A/c (Dr.) balance of the vendor company is closed by___________
A.	debit to profit & loss a/c
B.	debit to equity shareholders a/c
C.	credit to equity shareholders a/c
D.	debit to realisation
Answer» C. credit to equity shareholders a/c