Challenger App

No.1 PSC Learning App

1M+ Downloads
As per AS-14 Purchase Consideration is what is payable to:

ADebenture holders and creditors

BShare holders and creditors

CShare holders and debenture holders

DShare holders

Answer:

D. Share holders

Read Explanation:

As per AS-14, Purchase consideration means, “the aggregate of the shares and other securities issued and the payment made in the form of cash or other assets by the transferee company to the shareholders of the transferor company”.


Related Questions:

In self balancing , Bought Ledger Adjustment Account is opened in
When debentures are issued as a collateral security, Debenture Suspense Account is :
Preliminary expenses are transferred by the vendor company at the time of amalgamation to
Equity shares issued at a discount or for consideration other than cash for providing know how or making available rights in the nature of intellectual property rights or value addition are known as:
Discount allowed on reissue of forfeited shares is debited to