Accountancy, asked by Anonymous, 19 days ago

what is Amalgamation of the firm??
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Answers

Answered by srikanta18

2

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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Answered by rehanna0911

3

Answer:

Amalgamation is defined as the combination of one or more companies into a new entity.

It includes: Two or more companies join to form a new company.

Absorption or blending of one by the other.

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