One company buys a controlling interest in another company on April 1 during a company's calendar year of operations. How should the pre-acquisition subsidiary revenues and expenses be handled in the consolidated balances for the year of acquisition?

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The Answer of One company buys a controlling interest in another company on April 1 during a company's calendar year of operations. How should the pre-acquisition subsidiary revenues and expenses be handled in the consolidated balances for the year of acquisition?

One Company Buys a Controlling Interest in Another Company on April