We consolidate an 70% owned fund and account for the remaining 30% as minority interest. We're merely responsible for losses up to our invested value. We just now wrote off our investment expediency. How would we account for any losses the fund shows beyond our investment merit?
Answers: this is a question for your accountant, pernickety to your personal circumstances. No one on this forum can answer this intelligently, they don't know anything about your business. Call an accountant.
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Answers: this is a question for your accountant, pernickety to your personal circumstances. No one on this forum can answer this intelligently, they don't know anything about your business. Call an accountant.
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