a Why is it impossible to determine from a consolidated balance sheet the amount of retained earnings
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a Why is it impossible to determine from a consolidated balance sheet the amount of retained earnings legally available for dividends, either for the parent company or for the subsidiary company?
b Indicate some of the types of eliminations that may be necessary in the preparation of a consolidated income statement.
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Related Book For
Financial Accounting An Introduction To Concepts Methods And Uses
ISBN: 9780030452963
2nd Edition
Authors: Sidney Davidson, Roman L. Weil, Clyde P. Stickney
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