Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. p co. buys 90% shares in s co. on jan 201. on the

P Co. buys 90% shares in S Co. on Jan 201. On the date of...

60.1K

Verified Solution

Question

Accounting

image

P Co. buys 90% shares in S Co. on Jan 201. On the date of acquisition, the equity of P and S were as follows: What amount of Non-controlling interest will be reported in the consolidated balance sheet

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