What Is the Recommended Method for Disclosing a Non-Controlling Interest

question 17

Multiple Choice

What is the recommended method for disclosing a non-controlling interest in a company on a consolidated balance sheet where significant sales have occurred between the two companies?

• A)Goodwill adjustment.
• B)On the balance sheet as a specially designated long-term liability.
• C)In shareholder's equity.
• D)None of the above.

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