How Does Consolidation Affect the Accounting Records when separate incorporation is maintained
belongs to book: ADVANCED ACCOUNTING|Debra C.jeter, Paul K.Chaney|7th edition| Chapter number:2| Question number:17
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belongs to book: ADVANCED ACCOUNTING|Debra C.jeter, Paul K.Chaney|7th edition| Chapter number:2| Question number:17
total answers (1)
Each company continues to retain its own records. Worksheets facilitate the periodic consolidation process without disturbing individual accounting systems.
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