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1. Under the ________ method, the parent's share of the subsidiary's dividends reduces the Investment in Subsidiary account balance. 2. The NCI's share of the

1. Under the ________ method, the parent's share of the subsidiary's dividends reduces the Investment in Subsidiary account balance.

2.

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The NCI's share of the goodwill impairment loss None of these statements is correct O both of these statements are correct O has to be recorded every time the consolidated financial statements are prepared can be recorded either in the consolidation worksheet or in the parent's books

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