Ask Question
13 November, 18:10

1. When consolidating the accounts of a parent and subsidiary in subsequent years, eliminating entry (O) recognizes total write-offs of subsidiary revaluations: A. For the current year. B. As of the beginning of the current year. C. As of the date of acquisition. D. As of the end of the current year.

+3
Answers (1)
  1. 13 November, 19:09
    0
    A. For the current year.

    Explanation:

    The process of c onsolidating accounts is when the financial results of companies are combined.

    I hope you find this information useful and interesting! Good luck!
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “1. When consolidating the accounts of a parent and subsidiary in subsequent years, eliminating entry (O) recognizes total write-offs of ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers