Search results
Results From The WOW.Com Content Network
However, at the end of the year, a consolidation working paper is prepared to combine the separate balances and to eliminate [2] [3] the intercompany transactions, the subsidiary's stockholder equity and the parent's investment account. The result is one set of financial statements that reflect the financial results of the consolidated entity.
A merger, consolidation or amalgamation, in a political or administrative sense, is the combination of two or more political or administrative entities, such as municipalities (in other words cities, towns, etc.), counties, districts, etc., into a single entity. This term is used when the process occurs within a sovereign entity.
A consolidated merger is a merger in which an entirely new legal company is formed through combining the acquiring and target company. The purpose of this merger is to create a new legal entity with the capital and assets of the merged acquirer and target company. Both the acquiring and target company are dissolved in the process. [34]
The term consolidated city-county refers to a consolidated jurisdiction in a state that is otherwise divided into counties. In Louisiana, which is divided into parishes, the equivalent jurisdiction is known as either a city-parish or a consolidated government, depending on the locality. [4]
Debt consolidation vs. personal loan Debt consolidation is a form of debt refinancing in which the borrower takes out a loan, credit card or line of credit and uses it to pay off other debts.
Debt consolidation combines multiple debts into a single loan, often with a lower interest rate. The goal of consolidating debt is often to simplify monthly payments or reduce your interest rate.
Consolidation bill, a type of bill in the Parliament of the United Kingdom; Democratic consolidation, the process by which a new democracy matures; Federal student loan consolidation; Joinder, the consolidation of multiple legal cases; Land consolidation, the process that consolidates small fragmented parcels of land into larger contiguous plots
Debt consolidation is the process of combining several debts into one new loan, sometimes with a lower interest rate. Although it sounds like an ideal solution, there are both pros and cons ...