Question
On consolidated financial statements, where does the parents equity in the net income of the subsidiary account appear? a. On the consolidated income statement, as
On consolidated financial statements, where does the parents equity in the net income of the subsidiary account appear?
a. On the consolidated income statement, as a deduction from income
b. On the consolidated income statement, as a revenue
c. Does not appear on the consolidated financial statements
d. On the consolidated balance sheet, as an equity
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Cloud Audit Toolkit For Financial Regulators
Authors: Asian Development Bank
1st Edition
9292692089, 978-9292692087
