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let's say we have 2 companies, one of them owns 30% of the shares of the other company. let's say there's significant influence from the
let's say we have 2 companies, one of them owns 30% of the shares of the other company. let's say there's significant influence from the one that owns 30%, we usually use the equity method for transactions in that case right? my question is, let's say one entity (ex: the one that owns 30%) gives a loan to the other entity? what do we debit and credit for the individual accounts and the group one?
let's say we have 2 companies, one of them owns 30% of the shares of the other company. let's say there's significant influence from the one that owns 30%, we usually use the equity method for transactions in that case right? my question is, let's say one entity (ex: the one that owns 30%) gives a loan to the other entity? what do we debit and credit for the individual accounts and the group one?
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Information For Decision Making Readings In Cost And Managerial Accounting
Authors: Alfred Rappaport
2nd Edition
0134643887, 978-0134643885
