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-Refer to the above table. It may be concluded that
Equity Method
An accounting technique used by firms to assess the profits earned through their investments in other companies by reporting these profits as income.
Consolidating Entries
Journal entries made in the process of combining the financial statements of multiple subsidiaries with those of a parent company.
Original Cost
The acquisition cost of an asset before adjusting for depreciation, amortization, or impairment costs.
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