Amalgamation adjustment reserve is opened in the books of the amalgamated company to incorporate

CA Intermediate · Advanced Accounting · PYQS · May 2026
Amalgamation adjustment reserve is opened in the books of the amalgamated company to incorporate
(A) Non-current assets of the amalgamating company
(B) Non-Statutory reserves of the amalgamating company
(C) Statutory reserves of the amalgamating company
(D) General reserves of the amalgamating company

Suggested Answer and Working Notes:

Correct Answer: Option (C)

Statutory reserves of the amalgamating company

Topics: AS 14

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