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Business Combinations
The uniting of separate companies, assets, or entities into one through various types of financial transactions, including mergers and acquisitions.
Journal Entry
A record in accounting that notes a specific financial transaction in a company's books, involving debits and credits to various accounts.
Elimination Entry
An accounting entry made to remove the effects of intra-company transactions when consolidating the financial statements of a parent and its subsidiaries.
Fair Value
The earnings from auctioning off an asset or the obligation incurred during a methodical marketplace exchange at the date of price setting.
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