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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 46: Amalgamation, Llp, and Single Entry System
  5. Question
    If Two or More Company Come Together and Form Anew
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If Two or More Company Come Together and Form Anew

Question 16

Question 16

Multiple Choice

If two or more company come together and form anew company which takes over the assets and liabilities of the vendor companies it is called as


A) external reconstruction
B) Internal Reconstruction
C) absorption
D) Amalgamation

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