User Account

All Pages

How do calculate total non-controlling interest

Assignment Help Accounting Basics
Reference no: EM132690259

Question (a) Where the parent company does not hold 100 percent equity of the subsidiary company, what portion of the intra-group transactions between the parent entity and the subsidiary entity will need to be eliminated on consolidation?

Question (b) What is a non-controlling interest, and how should it be disclosed?

Question (c) How are non-controlling interests affected by intra-group transactions?

Question (d) What are the three steps we use to calculate total non-controlling interest?

Reference no: EM132690259

Questions Cloud

Compute the fair value rounded off of the leased asset : Duration of lease 5 years. Find the Fair Value (rounded off) of the leased asset. Lease payments inception (at the start) $60,000
Compute and show journal entries necessary to account : Compute and Show journal entries necessary to account for all the above transactions and events up to 1 July 2023, in accordance with AASB 116
Find and pass the necessary entries on june : Liala Ltd, Find and Pass the necessary entries on 30 June 2017 and 30 June 2018 to eliminate the intra-group transfer of equipment.
Indicate the appropriate action that by the auditor : The audit firm "left the extent", For each of the deficiencies identified, indicate the appropriate action that should have been taken by the auditor.
How do calculate total non-controlling interest : Find What are the three steps we use to calculate total non-controlling interest? What is a non-controlling interest, and how should it be disclosed?
Provide journal entries necessary to account for aqua ltd : Provide the journal entries necessary to account for Aqua Ltd. Aqua Ltd issues a prospectus inviting the public to subscribe for 30 million ordinary shares
Why prototyping would be helpful to the workers : A new systems development project is being planned.Give persuasive arguments as to why prototyping would be helpful to the workers in the accounting department.
Compute berclair basic per share for the year : Compute Berclair's basic and diluted earnings per share for the year ended December 31, 2021. (Enter your answers in millions (i.e., 10,000,000 should entered)
Was negotiating bank justified in refusing to honour and why : Was the negotiating bank justified in refusing to honour its client's drawing, especially given the financial challenges faced by TLP? Explain your answer.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare the entry for January

Prepare the entry for January 15, 2018, when the entire shipment is received, assuming that the situation in above part existed at December 31, 2017

  The cost analysis for decision making project

The Cost Analysis for Decision Making project is intended to be a comprehensive evaluation of the key objectives covered throughout this course. It will challenge you to apply your knowledge of cost information when evaluating the decision to make..

  Discuss what are the allocated manufacturing overhead costs

If the company allocates manufacturing overhead based on direct labor cost, what are the allocated manufacturing overhead costs

  Why is a physical count of inventory necessary

Why is a physical count of inventory necessary in a periodic inventory system? Why is it still necessary in a perpetual inventory system?

  Amount of cash paid to employees for salaries

During 2004, XYZ Company recorded salaries expense of $85,000. The salaries payable account at January 1st had a balance of $11,000 while the salaries payable account at December 31st had a balance of $8,000. The amount of cash paid to employees f..

  Credit account titles are automatically indented

Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required

  Indicate in each case whether the item has been handled in

indicate in each case whether the item has been handled in accordance with generally accepted accounting principles. if

  What are the total market value of the firm stock

What are the total market value of the firm's stock and the firm's total market value? What is the firm's weighted average cost of capital?

  What is the minimum line of credit that cbm will need?

What is the minimum line of credit that CBM will need?

  Find the cost incurred in a manufacturing firm

For each of the costs incurred in a manufacturing firm, indicate whether the costs are fiXed (F) or variable (V) and whether they are period costs (P) or product costs (M) under full absorption costing.

  General and adjusting journal enries-t-accounts

Prepare the following using any required worksheets, general and or adjusting journal enries, T-accounts, and trial balance per pg 212 style.

  How much is the net income for the shareholders

Allocation for Controlling Interest Rp 60.000.000 and Dividend announced and paid Rp 12.000.000. How much is the net income for the shareholders

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd