what is amalgamation?

Answer Posted / g.narsimulu

Amalgamation means If two company are in same line in business
If both company are in losses.The same two company come to
amalgamate to form a new company is called AMALGATION

Is This Answer Correct ?    6 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

accounting principles, accounting concepts,meaning of managment and financial accounting and cost accounting.

1624


What is the Corporate Tax, Minimum Alternate Tax, Professional Tax, Business Tax Describe Me

1835


Unrealised profit will be debited to ?

1463


WHAT IS ACCOUNTING HEAD FOR TRADE FINANCE? I HAVE PAID 49268 FOR TRADE FINANCE.WHERE SHOULD I TAKE IN TALLY

1540


can we change date in tally.erp s/w in educational mode ?

1155






What is ERP? Diff b/w Income & Expenditure a/c & P/L a/c? What is the fullform & the application of SAP? What is the reasons where Balance sheet will not tally?

1851


How to make privision in SAP. (Please revert on the possibility of making this happen at PO Stage)

1484


What is purchasing order?

739


In accounting, are assets a permanent account?

663


Explain financial accounting. What are its characteristic features?

661


Wat entry ill come after paying the Cen -Excise Tax Vat Tax and Service Tax in the same time

3738


Do you know retail banking?

745


Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-31/December? There is any restriction in doing that, i mean for example for fisal purposes? Thank you all!

4368


Tell me what steps would you take to increase revenue for this company?

594


Can i put opening stock in new company during closing time

1241