Question: Write a short response explaining in detail steps to compute for ending investment balance in subsidiary and equity income if there are deferred and

Write a short response explaining in detail steps to compute for ending

Write a short response explaining in detail steps to compute for ending investment balance in subsidiary and equity income if there are deferred and recognized profits. Investment (Acquisition) Cash Investment (net income) Equity income (net income) Cash (Dividend) Investment (Dividend) Equity income (Amortization) Investment (Amortization) Equity income (Deferred unrealized profit) Investment (Deferred unrealized profit) Investment (recognized deferred profit) Equity income (recognized deferred profit)

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