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/biz/ - Business & Finance

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28747386

Anonymous Sun Feb 14 22:56:17 2021 No.28747386 [Reply] [Original]

How do I consolidate a parent company with its subsidiary?

>>	Anonymous Sun Feb 14 22:57:11 2021 No.28747430 File: 65 KB, 640x571, A0CA7E9A-F0EC-455E-BE77-87171C043B06.jpg [View same] [iqdb] [saucenao] [google] given that the subsidiary didn’t dissolve.

>>	Anonymous Sun Feb 14 22:58:29 2021 No.28747498 >>28747386 You do a professional business thing with your best lawyers & shareholders, and all nod your heads going "hmm yes, righto William, we are doing the consolidation, yes yes" "Hmm yes, business, yes" and then you enjoy a sip of scotch together

>>	Anonymous Sun Feb 14 22:59:35 2021 No.28747563 sir this is a mongolian tea leaf reading forum

>>	Anonymous Sun Feb 14 23:03:12 2021 No.28747755 >>28747386 Are they both corporations?

>>	Anonymous Sun Feb 14 23:06:02 2021 No.28747933 >>28747755 Yes and I mean how do you do it in accounting with cancelling out the Investment in subsidiary account.