Advanced Accounting
12th Edition
ISBN: 9781305084858
Author: Paul M. Fischer, William J. Tayler, Rita H. Cheng
Publisher: Cengage Learning
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Question
Chapter 11, Problem 11.2.2P
To determine
Non-Controlling Interest
Non-Controlling Interest is also known minority interest. It is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The interest of the minority are belongs to other investors and it will be shown on consolidated
: The amount of consolidated net income that is traceable to non-controlling interest.
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