what is Amalgamation???
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the action or process of uniting or merging two or more things : the action or process of amalgamating an opportunity for the amalgamation of the two companies. b : the state of being amalgamated.
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Explanation:
In business, consolidation or amalgamation is the merger and acquisition of many smaller companies into a few much larger ones. In the context of financial accounting, consolidation refers to the aggregation of financial statements of a group company as consolidated financial statements.
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