Advanced Accounting (Canada) · Consolidation After Acquisition: Acquisition Differential & Impairment

Under the equity method on the parent's own books, the investment starts at cost. Apply: parent's share of subsidiary net income +80, dividends received 30, differential amortization/impairment 12. Which way does each move the account, and what should the ending balance reconcile to?

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More in Consolidation After Acquisition: Acquisition Differential & Impairment

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