
College Accounting, Chapters 1-27
23rd Edition
ISBN: 9781337794756
Author: HEINTZ, James A.
Publisher: Cengage Learning,
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Transcribed Image Text:Which of the following is the correct matching concerning the appropriate accounting for long-term stock investments?
% of Investor Ownership Accounting Guidelines
Between 20% - 50%
Consolidated financial statements
Less than 20%
Cost method
More than 50%
Cost or equity method
Between 20% - 50%
Cost method
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