Question
Explain those statements and with numerical example if possible. The separate entity statement under cost method are the same for upstream and downstream transaction no
Explain those statements and with numerical example if possible.
The separate entity statement under cost method are the same for upstream and downstream transaction no income effect.
ROE AND SOLVENCY RATIOS ARE IMPACTED
The separate entity statement under cost method are the same as the equity methods statements excepts for investment accounts ,retained earnings and investment income.
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Advanced Accounting
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
11th Edition
978-0132568968, 9780132568968
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