Why do we need to calculate beginning Retained Earnings and beginning NCI when preparing consolidated financial statements

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Why do we need to calculate beginning Retained Earnings and beginning NCI when preparing consolidated financial statements using the worksheet method.

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Statistics

ISBN: 978-0321755933

12th edition

Authors: James T. McClave, Terry T Sincich

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Posted Date: Nov 29, 2020 09:06 PM

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Why do we need to calculate beginning Retained Earnings and beginning NCI when preparing consolidated financial statements

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Retained earnings are a companys cumulative earnings since it began the business minus any sharehold... View the full answer

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