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Consolidation Statement Accounting Homework Help

 

Consolidation Statement accounting homework help makes you an expert in the field

 

The Consolidated statement is the one where you will find the financial statements that include the liabilities, assets and the operating accounts of both the parent company and the subsidiaries. It is beneficial for estimating the condition of the parent company and its subsidiaries on the same platform. Consolidated Statement provides an overall report card of the entire group of companies rather than a single entity.

 

As a student of consolidated statement accounting you will find that the companies go for this consolidated statement only when they have over 50% subsidiary’s stock. While recording the transactions in the consolidated statement, the intercompany transactions are kept out of it. In there you will also see that intercompany relationship is also exempted to give you a better result.

 

This subject does require expert Consolidation Statement accounting homework help; otherwise you will find it quite difficult to cope up with the subject. There is a simple technique involved in this and that is you have to consider the group of companies as one company with several branches. If, you do it that way, then only the consolidated financial statements will present the actual financial condition of the companies.

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