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Advanced Accounting 11th Edition by Paul Fischer,William Tayler, Rita Cheng
Edition 11ISBN: 978-0538480284Advanced Accounting 11th Edition by Paul Fischer,William Tayler, Rita Cheng
Edition 11ISBN: 978-0538480284 Exercise 16
What is meant by date alignment? Does it exist on the consolidated worksheet under the following methods, and if not, how is it created prior to elimination of the investment account under each of these methods?
a. The simple equity method
b. The sophisticated equity method
c. The cost method
a. The simple equity method
b. The sophisticated equity method
c. The cost method
Explanation
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Verified
(a)Simple equity method
The subsidiary'...
Advanced Accounting 11th Edition by Paul Fischer,William Tayler, Rita Cheng
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