Why do noncontrolling interests arise in connection with consolidated statements but not with investments in affiliated companies

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Why do noncontrolling interests arise in connection with consolidated statements but not with investments in affiliated companies accounted for under the equity method?

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Introduction to Financial Accounting

ISBN: 978-0133251036

11th edition

Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick

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Question Posted: Feb 20, 2015 09:30 AM

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Why do noncontrolling interests arise in connection with consolidated statements but not with investments in affiliated companies

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In consolidated statements all the assets and liabilities of the parent and sub...View the full answer

Introduction to Financial Accounting

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