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