Advanced Financial Accounting
Advanced Financial Accounting
11th Edition
ISBN: 9780078025877
Author: Theodore E. Christensen, David M Cottrell, Cassy JH Budd Advanced Financial Accounting
Publisher: McGraw-Hill Education
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Chapter 3, Problem 3.15Q
To determine

Introduction: The outstanding stock of any company in the consolidated balance sheet is basically the amount owned by the shareholders stock or their investment in the parent company or its subsidiaries.

To explain: The reason for subsidiary stock in outstanding stock in the consolidated balance sheet.

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Advanced Financial Accounting

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