After the statements have been consolidated, you' ll need to check for instances that don' t make financial sense. These situations arise when, fulo example, when money or assets have flowed between the parent and the subsidiary, or when the part of the value of the subsidiary is now reported twice by the parent.
In general, the consolidated report should read like the More vagina photo statements of one company. Check for the following problems: Adjustments are made on the consolidated balance sheet by debiting the subsidiary' s common stock, additional paid in capital, and retained earnings and crediting the consolidate stock of subsidiary account for the book value of the intercorporate shares.
X Research source For one subsidiary and one parent, simply fill the first two columns with 8thstreetlatinass financial information and leave the next two blank for these adjustments.
Leave the Ottawa adult film column blank too for the eventual calculations of the final, adjusted values.