Question
Parent Co. holds 80% in Subsidiary Co. The subsidiary reports profit of ₹10 lakh. What is the amount of minority interest in the consolidated P&L?
More Accounts Questions
- A software company provides license + 2 years of updates and support. How should revenue be recognised?
- An insurance company invests a large portion of its funds into corporate bonds rated BBB. After a sudden downgrade to junk status, the insurer faces loss o...
- Which of the following is true about the statements issued by the Institute of Chartered Accountants of India (ICAI)?
- Accounting Standard AS 9 (Revenue Recognition) deals with the bases for recognition of revenue in the statement of profit and loss of an enterprise. The St...
- X joins the service in the grade of ₹12,000-300-13,800-400-17,800 on 1.6.2013. Compute his basic salary for the assessment year 2025-26.
- Insurer constructs a new data center over 18 months financed from a general borrowing pool. Capitalization of borrowing costs begins when?
- ICDS II deals with which of the following aspect?
- In the proposed budget (2017-2018), presumptive budget increased to:
- A "small shareholder" holds shares of nominal value of less than or equal to ________.
- The point at which the liability to charge tax arises is called as the
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
