MCQOPTIONS
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| 1. |
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. |
| Answer» C. The liabilities of transferor company | |