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Minority interest
01-04-2010, 12:40 AM
Post: #1
Minority interest
if you own more than 51% of another firm and you want to report consolidated income statements, you should consolidate them as if you own 100% of the other firm. On the Liability side of the income statement what should you put ?
Assume A has 100m assets, 80m debt and 20m equity owns 51% of B with 50m assetsm 20m debt and 30 m equity. Can someone explain the entries to me when you want to consolidate?
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01-29-2010, 10:29 PM
Post: #2
 
Please you explain me the liability side of income statement
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