If a parent company in accounting for its subsidiary investment amortizes patents on its separate books, why

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If a parent company in accounting for its subsidiary investment amortizes patents on its separate books, why is it necessary to include an adjustment for patents amortization in the consolidation working papers?

Consolidation Techniques and Procedures AppendixLO1

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Advanced Accounting

ISBN: 9780131851221

9th Edition

Authors: Floyd A. Beams, Robin P. Clement, Suzanne H. Lowensohn, Joseph H. Anthony

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Question Posted: Jul 08, 2024 10:01 AM

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If a parent company in accounting for its subsidiary investment amortizes patents on its separate books, why

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Advanced Accounting

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