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When a parent corporation sells a portion of their investment in a subsidiary. A. the difference between the book and the proceeds is recorded as
When a parent corporation sells a portion of their investment in a subsidiary. A. the difference between the book and the proceeds is recorded as a gain or loss on sale of investment b. is only footnoted c. reported as a gain or loss only if the equity method is used
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Financial Accounting Information For Decisions
Authors: Robert w Ingram, Thomas L Albright
6th Edition
9780324313413, 324672705, 324313411, 978-0324672701
