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ACCT 405 Week 3 Discussion Latest
ACCT 405 Week 3 Discussion Latest
ACCT405
ACCT 405 Week 3 Discussion Latest
Week 3: Internal Investment Accounting Alternatives
Compare and contrast the equity method, the initial value method, and the partial equity method for internal investment accounting. What are the differences? How do those differences affect reporting of the investment and income account? (Before the weekend, try to complete the Comprehensive Illustration problem beginning on page 117, and tell the class how the different methods affected the outcome.) (CO 2)