Why cant we simply add together all of the separate profit and loss accounts to form the

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Why can’t we simply add together all of the separate profit and loss accounts to form the consolidated profit and loss account when the subsidiaries are partly owned and there are no intra-group dividends or unrealised profits on stock?

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Frank Woods Business Accounting Volume 2

ISBN: 9780273693109

10th Edition

Authors: Frank Wood, Alan Sangster

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Question Posted: Sep 10, 2023 06:06 AM

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Why cant we simply add together all of the separate profit and loss accounts to form the

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Frank Woods Business Accounting Volume 2

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