When the purchase consideration is lower ttan the net ass...
When the purchase consideration is lower ttan the net asset, the buyer has gained the advantage of
Capital reserve
Revenue reserve
Net income
Net loss
Correct answer is A
Capital Reserve is a type of profit that is earned on capital transactions - an example would be the profit arising from the forfeiture of shares, sales of assets etc
The rule of accounting equation requires that account payable should be placed under? ...
D Motor vehicle 500000 Stock 35000 ...
Which of the following is not a feature of accounting information? ...
Which of the following is a primary source of entry into the debtors ledger? ...
What does liquidity ratio measure? ...
The effect of transaction when cash is paid into the bank is ...