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Topic: Industry - Real Estate Company A is involved in a real estate venture with Company B. Company As share of the losses of a
Topic: Industry - Real Estate Company A is involved in a real estate venture with Company B. Company As share of the losses of a real estate venture exceeds its investment in the venture.
Required: Utilize the FASB Codification to determine how Company A should account for the investment.
(Hint: First look at industry accounting). Be sure to include specific Codification references
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