Why does adding the parent's share of the increase in retained earnings of the subsidiary and the

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Why does adding the parent's share of the increase in retained earnings of the subsidiary and the parent's retained earnings under the cost method result in consolidated retained earnings? Assume that there is no acquisition differential.

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Modern Advanced Accounting In Canada

ISBN: 9781259066481

7th Edition

Authors: Hilton Murray, Herauf Darrell

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Question Posted: Jun 08, 2015 07:13 AM

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Why does adding the parent's share of the increase in retained earnings of the subsidiary and the

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This adjusts the parents retained earnings under the cost method t...View the full answer

Modern Advanced Accounting In Canada

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