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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Related Book For
Financial Accounting
ISBN: 9780135433065
7th Canadian Edition
Authors: Walter Harrison, Wendy Tietz, C. Thomas, Greg Berberich, Catherine Seguin
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