Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. how is noncontrolling interest in subsidiary net i

How is noncontrolling interest in subsidiary net income reflected in the consolidated financial statements added...

70.2K

Verified Solution

Question

Accounting

How is noncontrolling interest in subsidiary net income reflected in the consolidated financial statements

added to net income assoicated with the parent

deducted from consolidated net income

added to consolidated net income

deducted from net income associated with the parent

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

How much money do you need to invest now, to have $50,000 in 10 years?  Assume an...

Physics
1.2K views

A ray of light passing through prism having refractive index 2 minimum deviation It is...

Geometry
1.2K views

Identify the three dimensional figure that can be made from this net rectangular pyramid O...

Algebra
1.2K views

Calculate the amount of money in an account that is compounded continuously with a starting...

Accounting
1.2K views

Cost Flow Methods Three identical units of Item JC07 are purchased during July, as shown...

Accounting
1.2K views

Explain the concept of a void contract. Provide your own example/s.

Accounting
1.2K views

Help is Here, a wrecker company, will soon need to purchase a new wrecker. The...

Accounting
1.2K views

Exercise 1114 (Algo) Recording and reporting treasury stock transactions LO P3 1. Prepare journal entries...

Accounting
1.2K views

TB Problem Qu. 11-167 (Algo) Accounting for par, stated, and no-par stock issuances A company...

Accounting
1.2K views

Eddie is a 10% owner of an 5 corporation that manufactures digital components. He is...

Accounting
1.2K views

This Question: 2 pts 35 of 50 (33 complete) This Test: 100 pts possible 3...

Accounting
1.2K views

prepare income statement and statement of retained earnings DEBIT CREDIT Cash ...