Examlex
Simplify:
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.
Line-by-Line Method
An approach in preparing consolidated financial statements where the income and expense items of the parent and subsidiary are added together line by line.
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