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Excess value of net assets over purchase consideration at the time of purchase of business is credited to

CUET UG 2025 — Accountancy Financial Statements

2025mcqeasy

Excess value of net assets over purchase consideration at the time of purchase of business is credited to

Official previous-year question

Held on 13 May 2025 · Verified 13 Jul 2026.

Options

  1. A

    Statement of profit and loss

  2. B

    Capital reserve account

  3. C

    Vendor's account

  4. D

    General reserve account

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