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Holding company with more than one subsidiary companyUnder this type of structure, the holding company controls more than one company. For example H ltd may Own 80% of S1, 75% of S2 and 60% of S3.The consolidated balance sheet will remain as before because it involves adding the assets and liabilities of all subsidiaries to those of the holding company while excluding inter-company balances. However, separate cost of controls will need to be prepared for each subsidiary company because the dates of acquisition may be different and the goodwill impaired also.
In the consolidated balance sheet, the remaining goodwill can be shown as one figure.
The matching rule is applied a. because it is required by the Internal revenue Code b. by expensing certain items immediately and in their entirety c. to help make the bookkeeper's
define the double entry system?
In additional information depreciation of two years is given. What is the treatment of it while preparing fixed assets account.
how to prepare
Q. What is Amount per share? Par Value - Amount per share set in ARTICLES OF INCORPORATION of a CORPORATION to be entered in CAPITAL STOCKS account where it's left permanently
Using the profitability index, which of the following projects should be accepted? Project M: NPV = $60,000 NINV = $200,000 Project N: NPV = $10,000 NINV = $
On May 2, 1986, Hannah acquired residential real estate for $450,000. Of the cost, $100,000 was allocated to the land and $350,000 to the building. On January 20, 2013, the buildin
Statement of Cash Flows - A statement of cash flows is one of the fundamental financial statements which is required as part of a complete set of financial statements prepared in c
define law including contract and bankruptcy
Dealing with changes in the trust Profits or losses on disposal of investments should be treated as belonging to that part of the fund out of which they accrued. If not app
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