P owns a 60% interest in S, and S owns a 40% interest in T. Should T
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P owns a 60% interest in S, and S owns a 40% interest in T. Should T be consolidated? If not, how should T be included in the consolidated statements of P Company and Subsidiaries?
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Related Book For 
Advanced Accounting
ISBN: 9780131851221
9th Edition
Authors: Floyd A. Beams, Robin P. Clement, Suzanne H. Lowensohn, Joseph H. Anthony
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