An intercompany gain on a depreciable asset resulting from a sale by the parent company is subsequently

Question:

An intercompany gain on a depreciable asset resulting from a sale by the parent company is subsequently realized by an adjustment to the subsidiary's depreciation expense in the preparation of consolidated income statements. Should this adjustment be taken into account in the calculation of net income attributable to non-controlling interest? Explain

Consolidated Income Statement
When talking about the group financial statements the consolidated financial statements include Consolidated Income Statement that a parent must prepare among other sets of consolidated financial statements. Consolidated Income statement that is...

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