When a parent acquires an additional interest in a subsidiary,the change in ownership interest in account for as an adjustment against goodwill.

Name: When a parent acquires an additional interest in a subsidiary,the change in ownership interest in account for as an adjustment against goodwill.
Brand: Quizplus
Rating: 4.8 (49 reviews)

Question

Quizplus · Accepted Answer

When a parent acquires an additional interest in a subsidiary, the change in ownership interest is accounted for as an equity transaction, not as an adjustment against goodwill.

When a Parent Acquires an Additional Interest in a Subsidiary,the