If a parent in accounting for its subsidiary amortizes patents on its separate books, why do we

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If a parent in accounting for its subsidiary amortizes patents on its separate books, why do we include an adjustment for patents amortization in the consolidation workpaper?

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Advanced Accounting

ISBN: 9780132568968

11th Edition

Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith

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Question Posted: Oct 15, 2011 10:51 AM

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If a parent in accounting for its subsidiary amortizes patents on its separate books, why do we

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Under the equity method a parent amortizes patents from its s...View the full answer

Advanced Accounting

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