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Intermediate Accounting: Reporting...

3rd Edition
James M. Wahlen + 2 others
ISBN: 9781337788281

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BuyFindarrow_forward

Intermediate Accounting: Reporting...

3rd Edition
James M. Wahlen + 2 others
ISBN: 9781337788281
Textbook Problem
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What are noncontrolling interests?

To determine

State the meaning of non-controlling interests.

Explanation

Non-controlling interests:

Third component of shareholders’ equity is identified by certain companies which are known as “Non- controlling interest”.

The non-controlling interests account states the measure of equity capital that is attributable to minority investors...

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