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In: Accounting

Compare and contrast the two (2) different consolidation processes of serial and single consolidation techniques when...

Compare and contrast the two (2) different consolidation processes of serial and single consolidation techniques when indirect ownership interests exist. (in your own words)

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Expert Solution

Indirect purchasing agreements with industry in a case that has an investment (direct or indirect) on the different captions and the job I estimated by increasing the interest control at each level. if this fits more than 5%, then it is deemed to be published.
the following describes the incorporation means in brief:
for providing consolidated monetary reports, the organization must do grant date market value allocations on with recording excess amortizations (if any present). If the corporation is a company group order, then the entire method is returned with any separate property. The single word that becomes when you account for indirect ownership is subsidiary income, which then moves investment interest accrual and non-controlling investment piece. Suppose a class authority as a custom order, then the subsidiary interest should be added at the grandson level, then son level, and eventually leads father.


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