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Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik
Edition 12ISBN: 978-0077862220Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik
Edition 12ISBN: 978-0077862220 Exercise 18
Assuming Solar Company has declared no dividends, what are the noncontrolling interest's share of the subsidiary's income and the ending balance of the noncontrolling interest in the subsidiary
A) $26,000 and $230,000.
B) $28,800 and $252,000.
C) $34,400 and $280,800.
D) $40,000 and $252,000.
A) $26,000 and $230,000.
B) $28,800 and $252,000.
C) $34,400 and $280,800.
D) $40,000 and $252,000.
Explanation
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Non-controlling interest share of the su...
Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik
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