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 a
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 revenue B-On the consolidated balance sheet, as an equity C-On the consolidated income statement, as an deduction from income D-Doesnt appear on the consolidated financial statements
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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
17th edition
978-0273778172, 027377817X, 978-1292080505
