When a Parent Increases Its Ownership Interest, the Difference Between

question 23

True/False

When a parent increases its ownership interest, the difference between the amount that was paid by the parent and the amount that was transferred from the non-controlling interest is allocated to equity.

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Definitions:

Promisor

The party in a contract who has made a promise to perform an action or service for the other party, known as the promisee.

Donee Beneficiary

A third party that benefits from a contract between two other parties, especially in cases where a party promises to make a gift or confer a benefit to someone who is not a party to the contract.

Stockbroker

A professional who buys and sells stocks and other securities on behalf of clients, typically for a commission or fee.

Valentine's Gift

A present given to express affection or love on Valentine's Day, typically symbolizing romantic interest or appreciation.