Write short notes on the following: (a) Reverse acquisition (b) Slump sales under income tax act, 1961

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Write short notes on the following:

(a) Reverse acquisition

(b) Slump sales under income tax act, 1961

(c) Goodwill vs. negative goodwill

(d) Pooling of interest vs. purchase method of accounting

(e) Contingent consideration

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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Question Posted: Dec 18, 2023 10:53 AM

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Write short notes on the following: (a) Reverse acquisition (b) Slump sales under income tax act, 1961

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a Reverse acquisition A reverse acquisition occurs when a smaller company acquires a larger company resulting in the smaller company becoming the legal acquirer and the larger company becoming the leg...View the full answer

Financial Accounting

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