Dhruval Shah Asked a Question
January 8, 2021 3:00 pmpts 30 pts
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  • Rucha rajesh shingvekar thankyou
    so that is amount of statutory reserves
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  • Rucha rajesh shingvekar thankyou
    In nature of Purchase -it is done as follows :- Amalgamation Adjustment a/c Dr. Statory Reserve a/c
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  • Rucha rajesh shingvekar
    As per Accounting Standard 14, Accountimg for Amalgamation issued by ICAI. an amalgamation adjustment account arises when certain statutory reserves need to be maintained by the t...
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