How is it possible to eliminate a subsidiary's retained earnings balance when the parent company investment account

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How is it possible to eliminate a subsidiary's retained earnings balance when the parent company investment account is eliminated in the consolidation workpaper and still provide for the carryforward of retained earnings following a pooling of interests?

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Advanced Financial Accounting

ISBN: 9780072444124

5th Edition

Authors: Richard E. Baker, Valdean C. Lembke, Thomas E. King

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