A parent company will realize a loss or a gain when its subsidiary issues common shares at

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A parent company will realize a loss or a gain when its subsidiary issues common shares at a price per share that differs from the carrying amount per share of the parent’s investment, and the parent’s ownership percentage declines. Explain why this is so. Also explain how the gain or loss is recognized in the financial statements.
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Modern Advanced Accounting In Canada

ISBN: 9781259066481

7th Edition

Authors: Hilton Murray, Herauf Darrell

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