Question regarding acquisition of existing company

Sep 20, 2014
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United States
Good Morning,

Company (A) has purchased an existing company (B) in Canada (company A is based in the US), the question I have may seem "stupid like" so bare with me....

My question is - why would company A need to create a Receivable for Company B?

Keeping in mind Company B's financials will be consolidated into Company A's for Reporting purposes & as far a I know Company B will be holding their own Receivables & Payables themselves.

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