What is meant by date alignment? Does it exist on the consolidated worksheet under the following methods,

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What is meant by date alignment? Does it exist on the consolidated worksheet under the following methods, and if not, how is it created prior to elimination of the investment account under each of these methods?

a. The simple equity method

b. The sophisticated equity method

c. The cost method

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Related Book For book-img-for-question

Advanced Accounting

ISBN: 978-0538480284

11th edition

Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng

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Question Posted: Apr 13, 2015 10:02 AM

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What is meant by date alignment? Does it exist on the consolidated worksheet under the following methods,

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Date alignment means adjusting the investment account to reflect the same date as the subsidiary equ...View the full answer

Advanced Accounting

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