Confusion in Consolidation of FS
This query is : Resolved
Sumati Bengani
(Querist)
21 December 2020
One Company A Ltd is holding 19.32% in Company B Ltd and 24.71% in C Ltd; and also B ltd holds 20.57% in C Ltd. Now my confusion is whose accounts will be consolidated with whom and how? Kindly clarify.
26 December 2020
https://yourbusiness.azcentral.com/rules-consolidating-financial-statements-vs-equity-method-28976.html
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