What Effect (If Any) Would Y's Unrealized Profits on Its

question 29

Multiple Choice

What effect (if any) would Y's unrealized profits on its sales to X have on the non-controlling interest account on the consolidated balance sheet?

• A) There would be no effect.
• B) There would be an increase to the non-controlling interest account for the amount of $30.
• C) There would be a decrease to the non-controlling interest account for the amount of $48.
• D)There would be an increase to the non-controlling interest account for the amount of $48.

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