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A subsidiary purchased bobds of its parent company from a nonaffiliate in the preceding periond and a gain on bond retirement was reported in the
A subsidiary purchased bobds of its parent company from a nonaffiliate in the preceding periond and a gain on bond retirement was reported in the consolidated income statement as a result if the purchase. what effect will that event have on the amount of the consolidated net income to the noncontrolling interest reported in the current period?
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Intermediate accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
7th edition
978-0077614041, 9780077446475, 77614046, 007744647X, 77647092, 978-0077647094
