Accountancy, asked by pssharma0404, 10 months ago

What is amalgamation of firm? Write its objectives and
merits.

Answers

Answered by IonicYadav

Answer:

The following are the main objectives of amalgamation of companies: 1. To avoid competition: The main purpose of amalgamation of companies is to avoid competition among themselves.

Answered by NobodyMP40

Explanation:

The main objective of amalgamation is to achieve synergetic benefits which arise, when two companies can achieve more in combination than when they are individual entities.

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