What % of ownership represents a majority interest and what method of accounting is used...

90.2K

Verified Solution

Question

Accounting

What % of ownership represents a majority interest and what method of accounting is used to account for majority ownership(You don't need to get into details about the method to account for a majority interest as that topic is covered in Advanced accounting)

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