When a parent company uses the initial value method or the partial equity method to account for
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When a parent company uses the initial value method or the partial equity method to account for their investment, they must make entry *C on their consolidation worksheet. What is the purpose of *C and why is it not required if the parent company uses the equity method?
Related Book For
Advanced Accounting
ISBN: 978-0077431808
10th edition
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
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