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On consolidated financial statements, where does the parents equity in the net income of the subsidiary account appear? On the consolidated balance sheet, as an

On consolidated financial statements, where does the parents equity in the net income of the subsidiary account appear?

On the consolidated balance sheet, as an equity.

On the consolidated income statement, as a revenue.

Doesnt appear on the consolidated financial statements.

On the consolidated income statement, as an deduction from income.

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