Equity method

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  • #189988
    xmas
    Member

    1) Where can I find a comprehensive example(s) on adjustment entry using Equity method?

    2) Also an example of how to record subsidiary’s income under parent or an adjustment JE to correct errors in a similar situation.

    Thanks.

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  • #618095
    Rocky123
    Member

    What material are you studying? If you are using Becker, it's in chapter 3.

    Or try this link:

    https://www.macabacus.com/accounting/equity-method

    The tallest oak in the forest was once just a little nut that held its ground.

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    Rocky123, CPA

    #618096
    xmas
    Member

    Thanks. I am doing Rogers.

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