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Revaluation
The process of adjusting the book value of a fixed asset or foreign currency to reflect current market values.
Inventory
The total amount of goods and materials held by a company intended for sale or production.
Gain on Bargain Purchase
The financial benefit that occurs when a company acquires another entity for a price below the fair value of its net assets.
Pre-acquisition Entries
Journal entries made to account for the assets and liabilities of a company before it is acquired by another entity.
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