Idly and Sambhar

Introduction:  The accounting terminology of „Amalgamation‟ is derived from the term „Amalgam‟ which means to unite. In corporate environments also two entities unite and form a single entity. Important Terms Transferor Company: Company which is amalgamated into another company Transferee Company: Company into which Transferor Company would amalgam. Types and Method of Accounting In general, there are two types of amalgamation and method of accounting, they are:       Nature of Amalgamation                                       Method of Accounting Merger                                                                  Pooling of Interest method Purchase           ...