Question

Journal enter for formation expenses incurred by
new company
​

Answer 1

Answer:

here is your answer

Step-by-step explanation:

ACCOUNTING FOR AMALGAMATION PART-II

Amalgamation means the liquidation of one or more companies and transfer of business of liquidated entities to another entity. There may be amalgamation either transfer of two or more undertakings to an existing company or new company.

In the part -1 CLICK HERE FOR PART - I Accounting for amalgamation we learnt about nature of amalgamation and method of accounting, now we are going to learn journal entries in the event of amalgamation.

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