Goodwill arising on amalgamation is to be - Study24x7
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18 May 2019 09:48 AM study24x7 study24x7

Goodwill arising on amalgamation is to be

A

Retained in the books of the transferee company

B

Amortized to income on a systematic basis normally five years

C

Adjusted against reserves or profit and loss account balance

D

All of the above

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