When a fair- valued asset is sold to outsiders, what is the disposition of the fair-value increment

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When a fair- valued asset is sold to outsiders, what is the disposition of the fair-value increment when the statements are consolidated in the year of the sale? What is the disposition of the increment in years following the sale?

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Advanced Financial Accounting

ISBN: 978-0137030385

6th edition

Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay

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