Question
After preparing the consolidated financial statements what is the balance in the parent's ledger account titled Investment in Sub? How do the Subsidiary's accounts change
After preparing the consolidated financial statements what is the balance in the parent's ledger account titled Investment in Sub? How do the Subsidiary's accounts change on their books after consolidation? Please explain.
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Financial Accounting
Authors: Patricia A. Libby, Daniel Short, George Kanaan, Maureen Libby Gowing, Robert Libby
4th Canadian Edition
0070001499, 9780070001497
