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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. Corp A and accountant fees UK Corp B amalgamate, what's the amalgamation journal entry? What's the journal entry in Corp A2.
The material on this site can not be reproduced, 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, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers. Copyright ©2026 Infospace Holdings LLC, accountants in Manchester A System1 Company.
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