ADVANCED ACCOUNTING
ADVANCED ACCOUNTING
4th Edition
ISBN: 9781618533128
Author: Halsey
Publisher: Cambridge Business Publishers
Question
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Chapter 1, Problem 33E

a.

To determine

Mention the most probable justification for a non-controlled investee's unusual ownership percentage.

b.

To determine

Mention that the total liabilities of investee will appear on Incorporation, DDP’s balance

sheet and describe its impact on cash flow of the company.

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