fill in the blanks with apt word s 1 when two or more companies combine together to 620711

Fill in the blanks with apt word(s)
1.When two or more companies combine together to form a new company, it is called _______.
2.When one existing company takes over the business of one or more existing companies, it is known as_______.
3.When an existing company is liquidated and a new company is formed (with the same shareholders mostly), it is termed_______.
4.In the eyes of law, amalgamation includes _______ also.
5.The Accounting Standard _______, issued by the ICAI, specifies the procedure of accounting for amalgamations.
6.If the reorganization is carried out without liquidating the company, it is _______.
7.In a reorganization, if a company gets liquidated and a new company is floated with the same shareholders, it is called _______.
8.Amalgamations may broadly be divided into two categories: (i)_______ and (ii)_______.
9.When amalgamation is in the nature of merger, _______ assets and liabilities are to be taken over by the purchasing company.
10.When amalgamation is in the nature of merger, assets and liabilities taken over should be shown at their ______ values.
11.When amalgamation is in the nature of purchase, all assets and liabilities _______ over by the purchasing company.
12.When amalgamation is in the nature of purchase, assets and liabilities taken over may be shown at values_______.
13.As per AS-14, purchase consideration means the total amount payable to the _______ of the transferor company.
14.In the purchase price, amount paid to _______ and _______ should not be included.
15.The total of the agreed payments represents _______ made by the purchasing company to the shareholders of transferor (selling) company.
16.“Net assets” taken over by the purchasing company represent the _______ under “net assets” method.
17.Agreed value of “assets” taken over – Agreed value of liabilities taken over = _______.
19.One method of accounting for amalgamation is “the pooling of interests method”; and the other one is_______.
20.When amalgamation is in the nature of merger, _______ method of accounting is used.
21.The pooling of interests method has no specific effect on the books of the _______ company.
22._______ method of accounting is used when amalgamation is in the nature of purchase.
23.When the purchase price agreed to be paid exceed the net assets taken over, such excess amount should be debited to _______ A/c.
24.When the purchase consideration is less than the amount of net assets taken over, such difference should be credited to _______ A/c.
25.In purchase method, “statutory reserves” of the transferor company should be _______.
26.All statutory reserves should be debited to A/c if they are continued for some more years.
27.Shareholders of transferor company who have not given their assent for amalgamation are called _______.
28.Amalgamation effected after the balance sheet date should be in accordance with the standard _______.
29.Inter-company owings, due to purchase and or sale of goods, will create a problem of _______.
30.If the amalgamation is in the nature of merger, the amount of unrealized profit is to be debited to ________.