What is consolidated financial statement.

Answer Posted / ramana

It is a Statement That consist of the Combination of holding
Company and subsidary Company,..in the form of shares

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is a state cheque? how it differes from stale cheque?

1879


What are bills receivable?

613


What is the logic behind this entry P & L Appropriation A/c ..........Dr. To Provision for income tax A/c

1746


Define social responsibility accounting

622


Revenue Expenditure

1648






Do you know public accounting?

628


In the balance sheet, where do you show tds?

629


Why you want to change???

1713


What are the various systems of accounting? Explain them.

596


What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.

34154


example wrongly financial statments showing vat refund (under Advances) for the finanical year 08-09 , but present assement year after assement by cto given vat refund more than ledger showing balance then decided to every month set off vat payable to vat refund(advance) but more than recoverd compare with company and cto then what is the entry to be take.

1737


How many types of business transactions are there in accounting?

664


what made you take up present subject/area of specialization and what would you define as your career objectives

1676


Ours is a technology firm. We got a contract of 1 lac. It is payable at the end of the contract. How you will recognize revenue?

1443


Explain what a deferred asset is and give an example?

624