Multiple Choice
On year-end financial statements, minority interest should be shown as a(an)
A) debit balance stockholders' equity account.
B) credit balance "mezzanine" account between liabilities and stockholders' equity.
C) debit balance long-term investment account.
D) credit balance stockholders' equity account.
E) credit balance liability account.
Correct Answer:
Verified
Correct Answer:
Verified
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