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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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What's the journal entry in Corp A2. 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 Corp B amalgamate, what's the amalgamation journal entry?
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