Consolidation accounting a. combines the accounts of the parent company and those of the subsidiary companies. b.

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Consolidation accounting

a. combines the accounts of the parent company and those of the subsidiary companies.

b. eliminates all liabilities.

c. reports the receivables and payables of the parent company only.

d. All of the above.

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Financial Accounting

ISBN: 9780135433065

7th Canadian Edition

Authors: Walter Harrison, Wendy Tietz, C. Thomas, Greg Berberich, Catherine Seguin

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