In preparing the Subsidiary company's Income distribution schedule (IDS), how is the total amount distributable to non- controlling interest calculated? [Internally generated Subsidiary's net income + Other adjustments (if any)] x Non-controlling interest (%) [Internally generated Subsidiary's net income - Full Amortization of excess from value schedule] x Non-controlling interest (%) [Internally generated Subsidiary's net income + Other adjustments (if any) - Full Amortization of excess from value schedule] x Non-controlling interest (%) O [Internally generated Subsidiary's net income - Other adjustments (if any) + Full Amortization of excess] x Non- controlling interest (%)

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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In preparing the Subsidiary company's Income distribution schedule (IDS), how is the total amount distributable to non-
controlling interest calculated?
[Internally generated Subsidiary's net income + Other adjustments (if any)] x Non-controlling interest (%)
[Internally generated Subsidiary's net income - Full Amortization of excess from value schedule] x Non-controlling
interest (%)
[Internally generated Subsidiary's net income + Other adjustments (if any) - Full Amortization of excess from value
schedule] x Non-controlling interest (%)
[Internally generated Subsidiary's net income - Other adjustments (if any) + Full Amortization of excess] x Non-
controlling interest (%)
Transcribed Image Text:In preparing the Subsidiary company's Income distribution schedule (IDS), how is the total amount distributable to non- controlling interest calculated? [Internally generated Subsidiary's net income + Other adjustments (if any)] x Non-controlling interest (%) [Internally generated Subsidiary's net income - Full Amortization of excess from value schedule] x Non-controlling interest (%) [Internally generated Subsidiary's net income + Other adjustments (if any) - Full Amortization of excess from value schedule] x Non-controlling interest (%) [Internally generated Subsidiary's net income - Other adjustments (if any) + Full Amortization of excess] x Non- controlling interest (%)
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