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Consolidation Worksheet
A tool used in accounting to combine the financial statements of parent and subsidiary companies into a single document for analysis.
Inventory Transfer
The movement of goods from one location to another, typically between departments or segments within a company.
Consolidated Net Income
The total net income of a parent company and its subsidiaries, after accounting for intercompany transactions and eliminations.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value of the asset over time.
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