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    Business
  3. Study Set
    Advanced Accounting Concepts and Practice
  4. Exam
    Exam 4: Introduction to Business Combinations
  5. Question
    In Purchase Accounting, the Target Company Never Makes Any Entries
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In Purchase Accounting, the Target Company Never Makes Any Entries

Question 9

Question 9

True/False

In purchase accounting, the target company never makes any entries on its books as a result of the combination.

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