
Equity Method:
The Equity method is applied for the accounting for investment in equity shares of a company where the investment has the significant influence over the company. Under this method the share of income earned by the company is recorded by the investor in the investment account and the investment account is decreased by any divided received.
1. Type of investment
To identify: The type of investment
2.
To prepare: The Journal entries for the investment made by Bryant Inc. in Farrier Inc
3. Presentation of investment:
To indicate: The presentation of investment in the

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Chapter 15 Solutions
Horngren's Accounting, Student Value Edition Plus MyLab Accounting with Pearson eText -- Access Card Package (12th Edition)
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