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When a Company Applies the Initial Method in Accounting for Its

Question 29

Multiple Choice

When a company applies the initial method in accounting for its investment in a subsidiary and the subsidiary reports income in excess of dividends paid, what entry would be made for a consolidation worksheet?
When a company applies the initial method in accounting for its investment in a subsidiary and the subsidiary reports income in excess of dividends paid, what entry would be made for a consolidation worksheet? A) A above B) B above C) C above D) D above E) E above


A) A above
B) B above
C) C above
D) D above
E) E above

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