How is a joint venture a form of off-balance-sheet financing?

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Intermediate Accounting

ISBN: 978-0324592375

17th Edition

Authors: James D. Stice, Earl K. Stice, Fred Skousen

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Question Posted: Jan 29, 2012 01:33 AM

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How is a joint venture a form of off-balance-sheet financing?

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A joint venture is accounted for using the equity method for those partners that own 20 or mo...View the full answer

Intermediate Accounting

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