Accountancy, asked by gulnisha, 1 year ago

define amalgamation

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Answered by Anonymous

Amalgamation is the combination of one or more companies into a new entity. An amalgamation is distinct from a merger because neither of the combining companies survives as a legal entity; a completely new entity is formed to house the combined assets and liabilities of both companies. This sense of the term amalgamation has generally fallen out of popular use, and the terms "merger" or "consolidation " are often used instead.

Answered by Rosejatti

The action , process,or result of combining ...
i hope it helps uh

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