DE 16-13 Answer these questions about consolidation accounting: 1. Define a parent company. Define a subsidiary company.
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DE 16-13 Answer these questions about consolidation accounting: 1. Define a parent company. Define a subsidiary company. 2. Which company's name appears on the consolidated financial statements? How much of the subsidiary's stock must the parent own before reporting consolidated statements? 3. How do consolidated financial statements differ from the financial statements of a single company?
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Related Book For 
Accounting
ISBN: 9780130906991
5th Edition
Authors: Charles T. Horngren, Walter T. Harrison, Linda S. Bamber, Betsy Willis, Becky Jones
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