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Minority Interest not Eliminating at Consolidated Parent

Received Response
edited Dec 21, 2021 8:59PM in Financial Consolidation and Close 1 comment


Minority interest is not eliminating at consolidated parent. I built out a simple example.

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I would expect to see the 1% ($1,000) eliminate at the "TEST" level since A is 100% owned by "TEST".

Am I missing something? Thanks

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