Which of the following statement is correct? - Study24x7
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25 Apr 2019 10:03 AM study24x7 study24x7

Which of the following statement is correct?

A

The amount of Goodwill or Capital Reserve is found out in the books of purchasing company only

B

The amount of Goodwill or Capital Reserve is found out in the books of vendor company only

C

Goodwill = Net Assets –Purchase price

D

The face value of shares of purchasing company will be taken in to account while calculating purchase consideration.

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