Under purchase method, the excess of net assets over purchase consider – McqOptions

MCQOPTIONS

1.	Under purchase method, the excess of net assets over purchase consideration is ……….
A.	Debited to goodwill account
B.	Credited to goodwill account
C.	Credited to capital reserve account
D.	Debited to capital reserve account
Answer» D. Debited to capital reserve account

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