The consolidation adjustment to eliminate the parents investment and the subsidiarys equity at the date of acquisition
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The consolidation adjustment to eliminate the parent’s investment and the subsidiary’s equity at the date of acquisition is passed once in the first year of acquisition and not subsequently. True/False
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Related Book For
Advanced Financial Accounting An IFRS Standards Approach
ISBN: 9781285428765
4th Edition
Authors: Pearl Tan, Chu Yeong Lim, Ee Wen Kuah
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