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Parent and Subsidiary Company. A corporation that owns a majority of the outstanding voting stock of another corporation (its subsidiary). A corporation that is controlled by a parent company that owns a majority of its outstanding voting stock, either directly or indirectly. Companies that are controlled by a single management team through parent-subsidiary relationships. (Although the term affiliate is a synonym for subsidiary, the parent company is included in the total affiliation structure.). Financ...

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Parent and Subsidiary Company. A corporation that owns a majority of the outstanding voting stock of another corporation (its subsidiary). A corporation that is controlled by a parent company that owns a majority of its outstanding voting stock, either directly or indirectly. Companies that are controlled by a single management team through parent-subsidiary relationships. (Although the term affiliate is a synonym for subsidiary, the parent company is included in the total affiliation structure.). Financ...

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accounting corner | accountingcorner.blogspot.com Reviews

https://accountingcorner.blogspot.com

Parent and Subsidiary Company. A corporation that owns a majority of the outstanding voting stock of another corporation (its subsidiary). A corporation that is controlled by a parent company that owns a majority of its outstanding voting stock, either directly or indirectly. Companies that are controlled by a single management team through parent-subsidiary relationships. (Although the term affiliate is a synonym for subsidiary, the parent company is included in the total affiliation structure.). Financ...

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accountingcorner.blogspot.com

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accounting corner: Parent & Subsidiary Company

http://accountingcorner.blogspot.com/2009/02/parent-subsidiary-company.html

Parent and Subsidiary Company. A corporation that owns a majority of the outstanding voting stock of another corporation (its subsidiary). A corporation that is controlled by a parent company that owns a majority of its outstanding voting stock, either directly or indirectly. Companies that are controlled by a single management team through parent-subsidiary relationships. (Although the term affiliate is a synonym for subsidiary, the parent company is included in the total affiliation structure.).

2

accounting corner: Consolidated Financial Statements

http://accountingcorner.blogspot.com/2009/02/consolidated-financial-statements.html

The massive amount of numbers in a company's financial statements can be bewildering and intimidating to many investors. On the other hand, if you know how to analyze them, the financial statements are a gold mine of information. The balance sheet represents a record of a company's assets, liabilities and equity at a particular point in time. The balance sheet is named by the fact that a business's financial structure balances in the following manner :. Assets = Liabilities Shareholders' Equity. The stat...

3

accounting corner: February 2009

http://accountingcorner.blogspot.com/2009_02_01_archive.html

Parent and Subsidiary Company. A corporation that owns a majority of the outstanding voting stock of another corporation (its subsidiary). A corporation that is controlled by a parent company that owns a majority of its outstanding voting stock, either directly or indirectly. Companies that are controlled by a single management team through parent-subsidiary relationships. (Although the term affiliate is a synonym for subsidiary, the parent company is included in the total affiliation structure.). Financ...

4

accounting corner: January 2008

http://accountingcorner.blogspot.com/2008_01_01_archive.html

For a finite-time period, the accounting principle can be written in the accumulation form:. Final amount - Initial amount = Amount entering - Amount leaving Amount generated - Amount consumed. For a specified time interval, the amount accumulated within the system equals the net amount that enters the system plus the net amount generated within the system. For an infinitesimal-time period, the accounting principle can be written in the rate form:. How can it be stored within the system?

5

accounting corner: February 2008

http://accountingcorner.blogspot.com/2008_02_01_archive.html

Lower of Cost or Market. Assume it is the end of December 2006 and your retail store has 20 digital cameras in inventory. You purchased the cameras directly from the manufacturer at a cost of $150 each and you planned to sell the cameras at a retail price of $200, a price that is in line with competing retailers. When and how should this loss be reported on your store's income statement? Should the loss be reported as a smaller gross profit when the cameras are sold in January 2007? While the conservatis...

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Parent and Subsidiary Company. A corporation that owns a majority of the outstanding voting stock of another corporation (its subsidiary). A corporation that is controlled by a parent company that owns a majority of its outstanding voting stock, either directly or indirectly. Companies that are controlled by a single management team through parent-subsidiary relationships. (Although the term affiliate is a synonym for subsidiary, the parent company is included in the total affiliation structure.). Financ...

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