Why is the equity method of accounting sometimes referred to as one-line consolidation?

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Why is the equity method of accounting sometimes referred to as "one-line consolidation?"

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Advanced Accounting

ISBN: 978-1118037911

1st Canadian Edition

Authors: Gail Fayerman

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Question Posted: Jun 09, 2015 05:59 AM

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Why is the equity method of accounting sometimes referred to as one-line consolidation?

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Equity accounting is similar to consolidation so it is sometimes referred to as oneline consolidatio...View the full answer

Advanced Accounting

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