a) The amount of the adjustment to the non-controlling interest in consolidated net assets is equal to the non-controlling interest’s percentage of the
a) The amount of the adjustment to the non-controlling interest in consolidated net assets is equal to the non-controlling interest’s percentage of the
A. Realized intercompany gain at the end of the period.
B. Unrealized intercompany gain at the beginning of the period
C. Realized intercompany gain at the beginning of the period
D. Unrealized intercompany gain at the end of the period
b) In years subsequent to the upstream intercompany sale of non-
A. Non-controlling interest and
B. No entries are necessary
C. Non-depreciable asset and credit to non-controlling interest and Investment in Subsidiary account.
D. Retained Earnings (parent) account and credit to non-depreciable asset.
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