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If There Is a Balance in the Excess Loss Account

question 25

Short Answer

If there is a balance in the excess loss account when a subsidiary's stock is sold, the balance is recognized as ____________________.


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Graphical Design

The art and practice of planning and projecting ideas and experiences with visual and textual content.

Plain Text Version

A document or email format that contains only text, without any formatting, images, or non-textual elements.

Word Processor

A computer application used for the creation, editing, formatting, and printing of digital documents.

Guidelines

Recommendations or principles that provide direction or advice on how something should be done or approached.

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