1*Identify the two basic objectives of all the consolidations and be sure to discuss the...

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Accounting

1*Identify the two basic objectives of all the consolidations and be sure to discuss the effects on the financial statements of each company.

2*What intra-entity transfers are and identify a reason why intra-entity transfers occur frequently among companies that make up a business combination

3*Explain where an uncontrolled interest should be presented in a consolidated balance sheet. Use an example as part of your explanation.

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