Why we do not add the amount of capital share and retained earnings of the subsidiary company in the amount of parent company's share capital and retained earnings while preparing a consolidation statement?
Md Ariful Islam
বিএসসি(সিএসই)
,
এমবিএ(মার্কেটিং)
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Dr. Md Rushad Rahman
এমবিবিএস(আরপিএমসি)
,
পিজিটি(মেডিসিন)
The shares are already recorded in the investment account and the earnings of the subsidiary are already recorded in the equity of the parent. The adjustments remove the double counting of these items.
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