When preparing a consolidated statement of changes in equity,AASB 10 Consolidated Financial Statements,requires that any non-controlling interest in equity of subsidiaries is:
A) shown as a one-line item
B) disclosed in the statement of financial position,and not in the statement of changes in equity
C) shown as a share of total ending equity of the subsidiary only
D) shown on a line-by-line basis.
Correct Answer:
Verified
Q2: A Ltd holds a 60% interest in
Q3: A non-controlling interest is entitled to a
Q4: Company A Limited owns 90% of the
Q5: A Ltd holds a 60% interest in
Q6: A Ltd holds a 60% interest in
Q8: Petros Limited is a subsidiary of Butros
Q9: Jiminez Limited acquired 80% of the share
Q10: According to AASB 10 Consolidated Financial Statements,the
Q11: Lu Nan Limited acquired 80% of the
Q33: When preparing consolidated financial statements, any profit
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents