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Holding company with more than one subsidiary companyUnder this type of structure, the holding company controls more than one company. For example H ltd may Own 80% of S1, 75% of S2 and 60% of S3.The consolidated balance sheet will remain as before because it involves adding the assets and liabilities of all subsidiaries to those of the holding company while excluding inter-company balances. However, separate cost of controls will need to be prepared for each subsidiary company because the dates of acquisition may be different and the goodwill impaired also.
In the consolidated balance sheet, the remaining goodwill can be shown as one figure.
Trade credit creates accounts or debtors receivables. Trade credit is utilized as a marketing tool to expand competitive advantage over trade rivals. A firm's investment in account
#what are the limitations or disadvantages of accounting concept?
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It’s been two months since you took a position as an assistant financial analyst at Caledonia Products. Although your boss has been pleased with your work, he is still a bit hesita
i have project on "cengagebrain" for framework class. its pretty long
Recording Business Transactions ACCOUNT. An account is an individual record or form to record and précis information for each liability, asset, or owner's equity transactio
COMMITTEE OF INSPECTION Appointment : A committee of inspection may be appointed by the creditors at their first or any subsequent meeting to supervise the trustee.
Liquidity Ratios - These ratios include the Current Ratio and the Quick Ratio or the acid test ratio. Liquidity ratios show the Liquid position of a company in the short term i.e
In common terms the future value of an annuity or regular annuity is specified by the subsequent formula: FVA n = A (1 + k ) n -1 + A (1 + k ) n - 2 + ... + A .............
We have discussed the computation of the future value in the previous sections; here let us work the process in opposite. Let us assume you have won a lottery ticket worth Rs. 1000
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