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How are preacquisition earnings accounted for by a parent under the equity method? How are they accounted for in the

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How are preacquisition earnings accounted for by a parent under the equity method? How are they accounted for in the consolidated income statement?

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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Preacquisition earnings are not recorded by a parent under the …View the full answer


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Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional. Since 2012 I am providing home tutions.
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Advanced Accounting

Advanced Accounting

ISBN: 9780132568968

11th Edition

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

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Chapter # 8
Section: Questions
Problem: 2
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Question Posted: October 17, 2011 04:55:43
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