MCQOPTIONS
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| 1. |
On amalgamation, if the dissolution expenses are paid as well as borne by the purchasing company |
| A. | (a) Entries are passed in the books of the purchasing as well as the vendor company |
| B. | (b) no entry is passed in the books of the vendor company |
| C. | (c) no entry is passed in the books of the purchasing company |
| D. | (d) no entry is passed in the books of the purchasing as well as the vendor company |
| Answer» C. (c) no entry is passed in the books of the purchasing company | |