Quiz 12.89 – Accounting Method and Investment Account Balance When Level of Influence Changes

Intermediate Accounting

Spiceland, Nelson, and Thomas

10th Edition

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How does a change in the level of ownership from less than 20% to 20-50% affect the accounting method and investment account balance for an investment in another company?

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  • Search Terms: % %, a account adjusted adjustment amortized and another appropriate as at balance be be: a) become been carried change changes, cost. date effect equity existed exists fair for from had have if in influence investment investor's is it less level may method method. necessary necessary. c) no of on over ownership prior range reflect retrospectively rises should than that the to transfer. d) typically value when with would years. b)
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