Question: AFS 4-1 General Electric from Jeter & Chaney. 2015. Advanced Accounting. 6th Edition. A. Examine the middle set of columns showing GEs unconsolidated numbers. GE

AFS 4-1 General Electric from Jeter & Chaney. 2015. Advanced Accounting. 6th Edition.

A. Examine the middle set of columns showing GEs unconsolidated numbers. GE reports $68,984 as the investment is GECS. Which method does GE use to account for this investment, cost or equity method? Explain your answer.

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