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Question 4 (15 marks) a, with the aid of a diagram explain the terms subsidiary entity, sub-subsidiary entity, associate entity and parent entity. (6 marks)

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Question 4 (15 marks) a, with the aid of a diagram explain the terms subsidiary entity, sub-subsidiary entity, associate entity and parent entity. (6 marks) Briefly explain the equity method of accounting. (4 marks) Explain the term negative goodwill and indicate the accounting treatment. (5 marks) b. c

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