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How Does Consolidation Affect the Accounting Records when dissolution occurs?

belongs to book: ADVANCED ACCOUNTING|Debra C.jeter, Paul K.Chaney|7th edition| Chapter number:2| Question number:16

Ibrahimhamm

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2022-07-06

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How Does Consolidation Affect the Accounting Records when dissolution occurs?

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Ibrahimhamm

2022-07-06

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Dissolved company's records are closed out. Surviving company's accounts are adjusted to include appropriate balances of the dissolved company.

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