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Minority interest in net income of a partially owned subsidiary

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Question

In the measurement of minority interest in net income of a partially owned subsidiary, the credit for Depreciation Expense?Parent in the working paper elimination (in journal entry format) for intercompany gain in a depreciable plant asset is attributed to net income of: (Points:1);The parent company;The subsidiary;The consolidated entity;None of the foregoing

 

Paper#26579 | Written in 18-Jul-2015

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