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PaigeMcCoin445203827 2026.03.02 09:00 Views : 1

Corp A and Corp B amalgamate, what's the amalgamation journal entry? CorpA buys CorpB for 1,5 mil with a loan of 1.2 mil and vendor note of 300kCorp B has a shareholder loan of 150k and forfeits it to Corp A1. What's the journal entry in Corp A2.

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Copyright ©2026 Infospace Holdings LLC, A System1 Company. The material on this site can not be reproduced, promote accountants free UK distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.

Copyright ©2026 Infospace Holdings LLC, A System1 Company. The material on this site can not be reproduced, accounting firms in London distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.

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