When a parent company buys more than 50% but less than 100% of a subsidiary's stock, a

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When a parent company buys more than 50% but less than 100% of a subsidiary's stock, a new item appears on the balance sheet. What is this category called, and under what heading do most companies report it?

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Accounting

ISBN: 9780130906991

5th Edition

Authors: Charles T. Horngren, Walter T. Harrison, Linda S. Bamber, Betsy Willis, Becky Jones

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