Accountancy, asked by jain1444, 1 year ago

Accounting entries in seller company in case amlagamation and absorption

Answers

Answered by PiyushSinghRajput1
0

1. Amalgamation is when two or more companies willingly unite to carry on their business together. After amalgamation, the amalgamated company has a new name and a separate legal existence which has assets and liabilities of the two companies. ... External reconstruction is when one company changes it's external structure.

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