In consolidation accounting,a year-end elimination entry is required to add the subsidiary company's stockholders' equity accounts to those of the parent company.

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In consolidation accounting, the subsidiary's stockholders' equity accounts are not added to those of the parent company. Instead, the investment in the subsidiary is eliminated against the subsidiary's equity, and only the net assets of the subsidiary are reflected in the consolidated financial statements.

In Consolidation Accounting,a Year-End Elimination Entry Is Required to Add