Which of the following should appear in consolidated, Ask an Expert

Accounting

Which of the following should appear in consolidated financial statements?

a. All intercompany transactions properly recorded on each affiliate's books.

b. Transactions between the consolidated company and outside parties.

c. transaction not accounted for by the simple equity method.

d. Lease transactions between a parent and subsidiary.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M962942

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