Why cant we simply add together all of the separate statements of profit or loss to form
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Why can’t we simply add together all of the separate statements of profit or loss to form the consolidated statement of profit or loss when the subsidiaries are partly owned and there are no unrealised profits on inventory?
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You need to deduct the noncontroll...View the full answer
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Related Book For
Frank Woods Business Accounting Volume 2
ISBN: 9781292085050
13th Edition
Authors: Frank Wood, Alan Sangster
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