Excess of purchase consideration over net assets equals Goodwill (A-II). Excess of net assets over purchase consideration equals Capital Reserve (B-IV). Debenture Suspense Account arises when debentures are issued as collateral security (C-I). Assets received against debentures is issue of debentures for consideration other than cash (D-III).
Match List I with List II | List I | List II | | --- | --- | | A. Excess of purchase consideration over value of net assets | I. Issue Debentures as…
CUET UG 2022 — Accountancy Company Accounts
2022mcqmedium
Match List I with List II
| List I | List II |
|---|---|
| A. Excess of purchase consideration over value of net assets | I. Issue Debentures as collateral security |
| B. Excess of net assets over purchase consideration | II. Goodwill |
| C. Debenture Suspense Account | III. Issue of Debentures for consideration other than cash |
| D. Assets received against Debentures | IV. Capital Reserve |
Choose the correct answer from the options given below:
Official previous-year question
Held on 20 Aug 2022 · Verified 13 Jul 2026.
Options
- A
A - IV, B - II, C - I, D - III
- B
A - II, B - IV, C - I, D - III
- C
A - II, B - IV, C - III, D - I
- D
A - IV, B - II, C - III, D - I
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