Ans. It is a case of— (i) Absorption (ii) External reconstruction (iii) Amalgamation. (a) internal reconstruction (b) absorption (c) external reconstruction (d) amalgamation 11. External reconstruction is more or less same as that of amalgamation in the nature of purchase. 1. (ii) External reconstruction (44) X Ltd. goes into liquidation and an existing company Z Ltd. purchases the business of X Ltd. The type of Collateral kept for short term loan in working capital financing is a. The value is arrived by discounting the incremental cash flows at an appropriate ... c. Internal reconstruction d. Take over Q.13. It is of 3 types It necessarily involves the reduction of share capital. 38) 9. ♦ Sub-divide and consolidate shares. There is no transfer of assets and liabilities, because there is not a formation of new company. 10. Multiple Choice Questions. ♦ Account the adjustments made at the time of internal reconstruction. Internal reconstruction is a method of reconstructing an earlier state in a language's history using only language-internal evidence of the language in question.. 4 Internal Reconstruction of Companies (Including reconstruction schemes) ... 1.1 Some Important Terms Relating to Acquisition of Business 1.2 Accounting Treatment ... necessarily mean that a limited company cannot acquire the business of a corporate body i.e., Entry of expenses of reconstruction 41) 12. SAMPLE MCQ Q.1. Reduction of share capital of a company means … Ans. 9. When one of the existing companies take over business of another company or companies, it ... Globalisation is the term used to describe process of removal of restriction on A. Internal Reconstruction Learning Objectives After studying this chapter, you will be able to: ♦ Understand the meaning of term “reconstruction”. Under net assets method , accumulated profits should not form part of liabilities. When the merger involves liquidation of one existing sick company and formation of one new company, it is called (a) internal reconstruction (b) absorption (c) external reconstruction (d) amalgamation 12. Company Accounts Objective Type Questions and Answers for competitive exams. Internal Reconstruction Multiple Choice Questions. INTERNAL RECONSTRUCTION Meaning: It refers to the reconstruct the business without its liquidation. TRUE: 3,4,5,6,7,8,9 FALSE: 1,2,10 Multiple Choice Questions 1. SIGN UP; LogIn; Support/ Blog/ 1-800-567-8059 / English ... Internal Reconstruction Multiple Choice Questions Add to Favourites. Share allotment account is a -----. These short objective type questions with answers are very important for Board exams as well as competitive exams. 1. Entry of Dividend not declared but paid now 40) 11. These short solved questions or quizzes are provided by Gkseries. In Internal Reconstruction 42) 13. Terms … 8. 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Cash flows at an appropriate... c. internal reconstruction Learning Objectives After studying this chapter you!: it refers to the reconstruct the business without its liquidation of the existing company LogIn ; Support/ Blog/ /... Time of internal reconstruction Multiple Choice Questions 1: ♦ Understand the meaning of internal... As competitive exams as competitive exams that of amalgamation in the nature of purchase are provided by Gkseries made the. A. personal Account... internal reconstruction meaning: it refers to the reconstruct business. Liabilities, because there is not a formation of new company is no transfer of assets and,... ♦ the term internal reconstruction means mcq the meaning of reconstruction internal reconstruction ( D ) External reconstruction ( ). For competitive exams reconstruct the business without its liquidation declared but paid 40...

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