Examlex
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Joint Venture Liabilities
The financial obligations that are incurred jointly by partners in a venture, which must be settled together.
Line-by-Line Method
A consolidation technique where the parent company combines its subsidiary's assets, liabilities, income, and expenses line by line into its own financial statements.
One-Line Method
An accounting technique used for combining the financial statement of a parent company and its subsidiary by reporting the investment in a single line.
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