josiesolomonn4691 josiesolomonn4691
  • 25-06-2021
  • Business
contestada

In accounting for stock investments between 20% and 50%, the _______ method is used. Group of answer choices consolidated statements controlling interest cost equity

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Zviko
Zviko Zviko
  • 26-06-2021

Answer:

Equity Method of Accounting

Explanation:

In accounting for stock investments between 20% and 50% is known as an Investment in an Associate Firm. This is because an Investor exercises significant influence. The Equity method is used to account for Investment in an Associate.

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