Current File : //var/www/html/shaban/duassis/api/storage/app/public/q8q7nfc/cache/7fb352ed2138baa05f220ad0bc115919
a:5:{s:8:"template";s:7286:"<!DOCTYPE html>
<html lang="en">
<head>
<meta charset="utf-8"/>
<meta content="width=device-width, initial-scale=1" name="viewport"/>
<title>{{ keyword }}</title>
<link href="//fonts.googleapis.com/css?family=Lato%3A300%2C400%7CMerriweather%3A400%2C700&ver=5.4" id="siteorigin-google-web-fonts-css" media="all" rel="stylesheet" type="text/css"/>
<style rel="stylesheet" type="text/css">html{font-family:sans-serif;-webkit-text-size-adjust:100%;-ms-text-size-adjust:100%}body{margin:0}footer,header,nav{display:block}a{background-color:transparent}svg:not(:root){overflow:hidden}button{color:inherit;font:inherit;margin:0}button{overflow:visible}button{text-transform:none}button{-webkit-appearance:button;cursor:pointer}button::-moz-focus-inner{border:0;padding:0}html{font-size:93.75%}body,button{color:#626262;font-family:Merriweather,serif;font-size:15px;font-size:1em;-webkit-font-smoothing:subpixel-antialiased;-moz-osx-font-smoothing:auto;font-weight:400;line-height:1.8666}.site-content{-ms-word-wrap:break-word;word-wrap:break-word}html{box-sizing:border-box}*,:after,:before{box-sizing:inherit}body{background:#fff}ul{margin:0 0 2.25em 2.4em;padding:0}ul li{padding-bottom:.2em}ul{list-style:disc}button{background:#fff;border:2px solid;border-color:#ebebeb;border-radius:0;color:#2d2d2d;font-family:Lato,sans-serif;font-size:13.8656px;font-size:.8666rem;line-height:1;letter-spacing:1.5px;outline-style:none;padding:1em 1.923em;transition:.3s;text-decoration:none;text-transform:uppercase}button:hover{background:#fff;border-color:#24c48a;color:#24c48a}button:active,button:focus{border-color:#24c48a;color:#24c48a}a{color:#24c48a;text-decoration:none}a:focus,a:hover{color:#00a76a}a:active,a:hover{outline:0}.main-navigation{align-items:center;display:flex;line-height:1}.main-navigation:after{clear:both;content:"";display:table}.main-navigation>div{display:inline-block}.main-navigation>div ul{list-style:none;margin:0;padding-left:0}.main-navigation>div li{float:left;padding:0 45px 0 0;position:relative}.main-navigation>div li:last-child{padding-right:0}.main-navigation>div li a{text-transform:uppercase;color:#626262;font-family:Lato,sans-serif;font-size:.8rem;letter-spacing:1px;padding:15px;margin:-15px}.main-navigation>div li:hover>a{color:#2d2d2d}.main-navigation>div a{display:block;text-decoration:none}.main-navigation>div ul{display:none}.menu-toggle{display:block;border:0;background:0 0;line-height:60px;outline:0;padding:0}.menu-toggle .svg-icon-menu{vertical-align:middle;width:22px}.menu-toggle .svg-icon-menu path{fill:#626262}#mobile-navigation{left:0;position:absolute;text-align:left;top:61px;width:100%;z-index:10}.site-content:after:after,.site-content:before:after,.site-footer:after:after,.site-footer:before:after,.site-header:after:after,.site-header:before:after{clear:both;content:"";display:table}.site-content:after,.site-footer:after,.site-header:after{clear:both}.container{margin:0 auto;max-width:1190px;padding:0 25px;position:relative;width:100%}@media (max-width:480px){.container{padding:0 15px}}.site-content:after{clear:both;content:"";display:table}#masthead{border-bottom:1px solid #ebebeb;margin-bottom:80px}.header-design-2 #masthead{border-bottom:none}#masthead .sticky-bar{background:#fff;position:relative;z-index:101}#masthead .sticky-bar:after{clear:both;content:"";display:table}.sticky-menu:not(.sticky-bar-out) #masthead .sticky-bar{position:relative;top:auto}#masthead .top-bar{background:#fff;border-bottom:1px solid #ebebeb;position:relative;z-index:9999}#masthead .top-bar:after{clear:both;content:"";display:table}.header-design-2 #masthead .top-bar{border-top:1px solid #ebebeb}#masthead .top-bar>.container{align-items:center;display:flex;height:60px;justify-content:space-between}#masthead .site-branding{padding:60px 0;text-align:center}#masthead .site-branding a{display:inline-block}#colophon{clear:both;margin-top:80px;width:100%}#colophon .site-info{border-top:1px solid #ebebeb;color:#626262;font-size:13.8656px;font-size:.8666rem;padding:45px 0;text-align:center}@media (max-width:480px){#colophon .site-info{word-break:break-all}}@font-face{font-family:Lato;font-style:normal;font-weight:300;src:local('Lato Light'),local('Lato-Light'),url(http://fonts.gstatic.com/s/lato/v16/S6u9w4BMUTPHh7USSwiPHA.ttf) format('truetype')}@font-face{font-family:Lato;font-style:normal;font-weight:400;src:local('Lato Regular'),local('Lato-Regular'),url(http://fonts.gstatic.com/s/lato/v16/S6uyw4BMUTPHjx4wWw.ttf) format('truetype')}@font-face{font-family:Merriweather;font-style:normal;font-weight:400;src:local('Merriweather Regular'),local('Merriweather-Regular'),url(http://fonts.gstatic.com/s/merriweather/v21/u-440qyriQwlOrhSvowK_l5-fCZJ.ttf) format('truetype')}@font-face{font-family:Merriweather;font-style:normal;font-weight:700;src:local('Merriweather Bold'),local('Merriweather-Bold'),url(http://fonts.gstatic.com/s/merriweather/v21/u-4n0qyriQwlOrhSvowK_l52xwNZWMf_.ttf) format('truetype')} </style>
</head>
<body class="cookies-not-set css3-animations hfeed header-design-2 no-js page-layout-default page-layout-hide-masthead page-layout-hide-footer-widgets sticky-menu sidebar wc-columns-3">
<div class="hfeed site" id="page">
<header class="site-header" id="masthead">
<div class="container">
<div class="site-branding">
<a href="#" rel="home">
{{ keyword }}</a> </div>
</div>
<div class="top-bar sticky-bar sticky-menu">
<div class="container">
<nav class="main-navigation" id="site-navigation" role="navigation">
<button aria-controls="primary-menu" aria-expanded="false" class="menu-toggle" id="mobile-menu-button"> <svg class="svg-icon-menu" height="32" version="1.1" viewbox="0 0 27 32" width="27" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink">
<path d="M27.429 24v2.286q0 0.464-0.339 0.804t-0.804 0.339h-25.143q-0.464 0-0.804-0.339t-0.339-0.804v-2.286q0-0.464 0.339-0.804t0.804-0.339h25.143q0.464 0 0.804 0.339t0.339 0.804zM27.429 14.857v2.286q0 0.464-0.339 0.804t-0.804 0.339h-25.143q-0.464 0-0.804-0.339t-0.339-0.804v-2.286q0-0.464 0.339-0.804t0.804-0.339h25.143q0.464 0 0.804 0.339t0.339 0.804zM27.429 5.714v2.286q0 0.464-0.339 0.804t-0.804 0.339h-25.143q-0.464 0-0.804-0.339t-0.339-0.804v-2.286q0-0.464 0.339-0.804t0.804-0.339h25.143q0.464 0 0.804 0.339t0.339 0.804z"></path>
</svg>
</button>
<div class="menu-menu-1-container"><ul class="menu" id="primary-menu"><li class="menu-item menu-item-type-post_type menu-item-object-page menu-item-home menu-item-20" id="menu-item-20"><a href="#">About</a></li>
<li class="menu-item menu-item-type-post_type menu-item-object-page menu-item-165" id="menu-item-165"><a href="#">Blog</a></li>
<li class="menu-item menu-item-type-post_type menu-item-object-page menu-item-24" id="menu-item-24"><a href="#">FAQ</a></li>
<li class="menu-item menu-item-type-post_type menu-item-object-page menu-item-22" id="menu-item-22"><a href="#">Contacts</a></li>
</ul></div> </nav>
<div id="mobile-navigation"></div>
</div>
</div>
</header>
<div class="site-content" id="content">
<div class="container">
{{ text }}
<br>
{{ links }}
</div>
</div>
<footer class="site-footer " id="colophon">
<div class="container">
</div>
<div class="site-info">
<div class="container">
{{ keyword }} 2021</div>
</div>
</footer>
</div>
</body>
</html>";s:4:"text";s:14434:"Solved Questions: No. AMALGAMATION, ABSORPTION & RECONSTRUCTION Submitted by Guided by Vijay Somase Prof Mahale .S. Accounting Standard for amalgamation is: a) AS-3 b) AS-9 c) AS-12 d) AS-14 (AS-14 deals with accounting for amalgamation) 2. according to AS – 14, purchase consideration is the sum of payments made to the: Select Course Validity Period. A company thus has legal rights and obligations in the same way that a natural person does. Merger c. Pooling of interest d. All the above 5. Right and Bonus Shares 14. 9 Amalgamation, Absorption and External Reconstruction LEARNING OBJECTIVES After studying this chapter you should be able to: Know the various meanings of the terms “amalgamation”, “absorption” and “external reconstruction”. Multiple Choice Questions _____Takes Place When Existing Company Takes Over the Business of Another Existing Company. (ii) External reconstruction (44) X Ltd. goes into liquidation and an existing company Z Ltd. purchases the business of X Ltd. External reconstruction a. On 31st March, 2012, Thin Ltd. was absorbed by Thick Ltd., the latter taking over all the assets … 3. [Oct.12] Problem 7] The following was the Balance Sheet of Poonam Ltd. as on 31.3.2011 Balance Sheet as on 31st March, 2011 The scheme of reconstruction was agreed as follows : (a) A new company to be formed “Sonam Ltd.” with an authorized capital of Rs. (A)Amalgamation (B)Absorption (C)Internal reconstruction (D)External reconstruction 30. Absorption of companies involves combination of companies, whereas external reconstruction does not involve any combination. MEANING OF AMALGAMATION •Amalgamation is a form of combination. Reconstruction refers to certain arrangements made by financially unsound companies. Basis Amalgamation Absorption External Reconstruction Meaning . Course Includes: 6 Classes . Ans. Amalgamation, Absorption & External reconstruction Multiple Choice Questions 1. It is a case of— (i) Absorption (ii) External reconstruction (iii) Amalgamation. Internal Reconstruction V. Merger (A) Any Of Above (B) None Of Above (C) Any Except (Iv) (D) Any Except (V) 2. Jun 01, 2021 - External and Internal Reconstructions - Amalgamation of Companies, Advanced Corporate Accounting B Com Notes | EduRev is made by best teachers of B Com. 10 each. (a) Internal reconstruction (b) External re organization (c) Absorption (d) Amalgamation. Purchase b. It includes: Two or more companies join to form a new company; Absorption or blending of one by the other; Thereby, amalgamation includes absorption. Friends is article me 20 MCQ honge agar aapko aur bhi artical chahie ho is topic ke related to please comment Karke hame jarur batae April 27, 2021 12:30 am ⋅ Leave a Comment ⋅ ⋅ Leave a Comment ⋅ (i) Absorption (ii) External reconstruction (iii) Amalgamation. 6,00,000 all in equity shares of Rs. Balance Sheet as on 31st March 2014 Liabilities Anita Ltd. Rs. The document Absorption - Amalgamation of Companies, Advanced Corporate Accounting B Com Notes | EduRev is a part of the B Com Course Advanced Corporate Accounting . 1. Method to calculate Purchase Consideration: Merger: Amount paid to Equity shareholders only in the form of equity shares in purchasing company except cash for fraction of shares. a picture/power point dump is very useful for the students like me. It is called amalgamation c. It is called external reconstruction d. It is called internal reconstruction 2. 2 Amalgamation: Basics and their concepts 3 Amalgamation: Accounting treatment as per AS: 14 (excluding intercompany holdings). If the ABC Limited and DEF Limited are taken over by a new … AMALGAMATION ABSORBTION AND RECONSTRUCTION A PRESENTATION ON 2. Multiple Choice Questions 1)Voluntary winding up: a)If period fixed for the company is expired. When one of the existing companies take over business of another company or companies, it ... Absorption (C)External Reconstruction (D)Internal Reconstruction 37. Share Capital Shares of Rs. Take this Course *Excluding ... AMALGAMATION, ABSORPTION AND EXTERNAL RECONSTRUCTION. Banking Company 11. merging of two or more companies to form a new company, absorption means when a company undertakes another company but does not form a new company. Absorption of companies does not involve formation of a new company, however, external reconstruction involves formation of a new company, 2. Absorption of companies results in liquidation of one or more companies while external reconstruction results in liquidation of only one company. 3. External reconstruction 4. It is a case of— (i) Absorption (ii) External reconstruction (iii) Amalgamation. The following are the summarised balance sheets of V Ltd and P Ltd as at 31st March, 2012: P Ltd. acquires the entire business of V Ltd. for Rs 14,00,000 to be satisfied by allotment of equity shares at par. Such external reconstruction is essen-tially covered under the category ‘amalgamation in the nature of merger’ in AS (Accounting Standard) 14, Accounting for Amalgamations. This document is highly rated by B Com students and has been viewed 4035 times. Complete Absorption - Amalgamation of Companies, Advanced Corporate Accounting B Com Notes | EduRev chapter (including extra questions, long questions, short questions, mcq) can be found on EduRev, you can check out B Com lecture & lessons summary in the same course for B Com Syllabus. 10 each Multiple Choice Questions 1. MCQ on Amalgamation and External Reconstruction Indicate the correct answer: 1. 48. (a) Shareholders (B) Unsecured creditors (c) Partially unsecured creditors (d) All of the above. As per AS – 14 purchase consideration is what is payable to (a) Shareholders (b) Creditors (c) Debentureholders (d) Shareholders and Debentureholders. What is the journal entry for shares issued at premium? Internal Reconstruction Learning Objectives After studying this chapter, you will be able to: ♦ Understand the meaning of term “reconstruction”. Meaning: Amalgamation is a fusion between two or more companies to consolidate their business activities by establishing a new company having a separate legal existence. Internal reconstruction b. Absorption c. External reconstruction d. Amalgamation 56. 10. Fast Ltd. After absorption. absorption, amalgamation and external Amalgamation Absorption External reconstruction Any of the above Any of the above 1 20 If Vijay Ltd. and Vishakha Ltd. are taken over by Swati Ltd. a new company it is called _____. Amalgamation and External Reconstruction: Problem # 1. Merger b. 6. Assets Anita Ltd. Rs. 1. There are no book in india i have seen where difference among the amalgamation,absorption,external reconstruction,marger has been cleared. 23 Videos . Amalgamation Absorption & External reconstruction (Continue…) 1. Amalgamation is a fusion between two or more companies to consolidate their business activities by establishing a new company having a separate legal existence. Absorption is the process in which the one leading company takes control over the weaker company. Amalgamation and External Reconstruction Multiple Choice Questions. Amalgamation III. Video Lectures: No. 14. The upcoming discussion will update you about the difference between External Reconstruction and Amalgamation. External reconstruction refers to closing/liquidating the company and starting again a new or a fresh. Equity Shareholders A/c c. Profit and loss Appropriation A/c d. None of the above 57. 1. Indicate the correct answer: 1. Amalgamation, as its name suggests, is nothing but two companies becoming one.On the other hand, Absorption is the process in which the one dominant company takes control over the weaker company. Multiple Choice Questions. Free BCom Notes Corporate Accounting MCQ on Amalgamation and External Reconstruction. It does not require the binding of the existing company. ¾ Amalgamation means joining of two or more existing companies into one company, the joined companies lose their identity and form themselves into a new company. Holding Company 10. Sunita Ltd Rs. ¾ In absorption, an existing company takes over the business of another existing company. external reconstruction. External Reconstruction: Amalgamation: Absorption: External Reconstruction : 1. Amalgamation, absorption 1. Amalgamation and External Reconstruction Multiple Choice Questions. If the ABC Limited and DEF Limited are taken over by a new company XYZ Limited a. Thus, there is only one liquidation and that is of the merged company. Unlimited Views. Share allotment account is a -----. Understand … - Selection from Corporate Accounting [Book] Amalgamation, Absorption and External Reconstruction. Problems on Amalgamation, Absorption and External Reconstruction Amalgamation Problem No.1: (MGP-1/5.24) The following is the Balance sheet of Anita Ltd. and Sunita Ltd. as on 31st March 2014. External Reconstruction IV. 47. Who are the parties have sacrifice in the scheme of internal reconstruction. When two or more companies carrying on similar business decide to combine, a new company is formed, it is known as ..... (A) Amalgamation (B) Absorption (C) Internal reconstruction (D) External reconstruction 2. 1. Absorption External reconstruction Amalgamation Internal reconstruction Amalgamation 1 21 Conversion of currency is covered in AS _____. When the merger involves liquidation of one existing sick company and formation of one new company, it is called (a) internal reconstruction (b) absorption (c) external reconstruction (d) amalgamation 12.A feature which is common in all cases of merger viz. From the point of view of an accountant, external reconstruction is similar to amalgamation in the nature of purchase; the books of the transferor company are closed and in the books of the transferee company, the purchase of the business is recorded. The reconstruction arrangement made by a company, to come out of its financial difficulties, may be external or internal. 8. absorption, amalgamation and external Ans. Redemption of Preference Shares and Buy Back of Equity Shares 9. (ii) External reconstruction (44) X Ltd. goes into liquidation and an existing company Z Ltd. purchases the business of X Ltd. A company is a "legal" person. (c) external reconstruction (d) amalgamation 11. Multiple Choice Questions and Answers. (a) Absorption. Preference shareholders A/c b. When two or more companies carrying on similar business decide to combine, a new company is formed, it is known as ..... (A) Amalgamation (B) Absorption (C) Internal reconstruction (D) External reconstruction Downloadable PDF Notes. Amalgamation of companies involves liquidation of two or more companies, while external reconstruction involves liquidation of only one company, 2. AMALGAMATION OF COMPANIES (AS-14) MULTIPLE CHOICE QUESTIONS 1. a new company. Amalgamation, Absorption and External Reconstruction 7. •It is brought about by the fusion of blending of two or more undertakings carrying on the same type of business ,or engaged in the same line of business activity. Loss or profit on realization a/c is transferred by the transferor company. Amalgamation 1. a. Valuation of Shares 12. Amalgamation: It is the process in which two or more existing companies joins together and start new company wi th new name and identity and dissolves the existing companies. Sir 2. Ans. Sunita Ltd Rs. Absorption is the process in which the one leading company takes control over the weaker company. It is called absorption b. Ans. Aaj ke article me aap logo ko M.com Part 1 ADVANCED CORPORATE ACCOUNTING related MCQ provide karne wala hu yeah MCQs kafi jyada important hai M.COM ke Student ke liye. When one of the existing companies take over business of another company or companies, it is known as ..... (A)Amalgamation (B)Absorption (C)Internal reconstruction (D)External reconstruction 31. MCQ on Amalgamation and External Reconstruction Corporate Accounting. AMALGAMATION Ab.Ltd A.Ltd B.Ltd One or more companies are liquidated One new company is formed The nature of business of both companies is similar 3. Under amalgamation to a. Ans: (a) Shareholders. 4 Internal Reconstruction of Companies (Including reconstruction schemes) 5 External Reconstruction of Companies 6 Accounting for Banking Companies 7 Accounting for Insurance Companies Valuation of Goodwill 13. Amalgamation is defined as the combination of one or more companies into a new entity. If the acquirer revalues the assets of acquiree on amalgamation, it is a case of a. Financial Accounting (B.Com.,BAF,BBI,BMS & other) MULTIPLE CHOICE QUESTIONS (MCQ) SESSION NO 01 1. Absorption: It is the process in which one existing company takes over the other existing company and merges together as a single unit. Funds Flow Statement. internal reconstruction mcq. Internal Reconstruction 8. A feature which is common in all cases of merger viz. Price. 2. (A) Amalgamation( C) Absorption(B) External Reconstruction - Financial Accounting(Financial Accounting and Auditing 9) In Internal Reconstruction 42) 13. (c) external reconstruction (d) amalgamation 11. Entry of Dividend not declared but paid now 40) 11. 9 13 11 14 11 1 3. Companies may combine in following ways I. Absorption II. (a) Bank a/c Dr. Amalgamation of companies results in combination of companies, but external reconstruction does not result in … ... Amalgamation (B)Absorption (C)Internal reconstruction (D)External reconstruction 16. Accounting for external reconstruction The accounting procedure in case of external reconstruction is the same as in case of amalgamation or absorption in the nature of purchase. Two or more companies are wound up and . For More Information - Read FAQ. Amalgamation is said to be in the nature of merger if: (a) All assets and liabilities of transferor company are taken over by the transferee company. (b) Business of transferor company is intended to be carried on by the transferee company. When the merger involves liquidation of one existing sick company and formation of one new company, it is called (a) internal reconstruction (b) absorption (c) external reconstruction (d) amalgamation 12. However, one should remember that Amalgamation as its name suggests, is nothing but two companies becoming one. These are two business strategies adopted by the companies to expand itself and take a competitive position in the market. Multiple Choice Questions. 1. ";s:7:"keyword";s:59:"amalgamation absorption and external reconstruction pdf mcq";s:5:"links";s:1174:"<a href="https://api.duassis.com/storage/q8q7nfc/astc-stock-forecast-2021">Astc Stock Forecast 2021</a>,
<a href="https://api.duassis.com/storage/q8q7nfc/the-bridge-pizza-missoula-brooks">The Bridge Pizza Missoula Brooks</a>,
<a href="https://api.duassis.com/storage/q8q7nfc/tokugawa-descendants-today">Tokugawa Descendants Today</a>,
<a href="https://api.duassis.com/storage/q8q7nfc/happy-garden-phone-number">Happy Garden Phone Number</a>,
<a href="https://api.duassis.com/storage/q8q7nfc/flightless-bird-from-down-under">Flightless Bird From Down Under</a>,
<a href="https://api.duassis.com/storage/q8q7nfc/dyspareunia-definition">Dyspareunia Definition</a>,
<a href="https://api.duassis.com/storage/q8q7nfc/weirdest-baby-names-2020">Weirdest Baby Names 2020</a>,
<a href="https://api.duassis.com/storage/q8q7nfc/minnesota-monthly-top-doctors-2020">Minnesota Monthly Top Doctors 2020</a>,
<a href="https://api.duassis.com/storage/q8q7nfc/driving-directions-to-cincinnati-northern-kentucky-airport">Driving Directions To Cincinnati Northern Kentucky Airport</a>,
<a href="https://api.duassis.com/storage/q8q7nfc/roadrunner-records-sampler">Roadrunner Records Sampler</a>,
";s:7:"expired";i:-1;}
Mini Shell