Lebron Co. owns most but not all of the shares of its subsidiary Bryant Inc. Lebron reported

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Lebron Co. owns most but not all of the shares of its subsidiary Bryant Inc. Lebron reported net income of $124,700. The amount to be attributed to the non-controlling interest in Bryant is $30,000. Indicate how Lebron will report the non-controlling interest in its income statement.

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Intermediate Accounting

ISBN: 978-1118147290

15th edition

Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield

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