Accountancy, asked by arpitsahu9700, 1 year ago

What do mean by Amalgmation of firms?

Answers

Answered by MRHEAD
0

Answer:

An amalgamation is a combination of two or more companies into a new entity. Amalgamation is distinct from a merger because neither company involved survives as a legal entity. Instead, a completely new entity is formed to house the combined assets and liabilities of both companies

Explanation:

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