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When a parent owns less than 100% of a subsidiary, the noncontrolling interest shareholders are allocated their ownership percentage of income or net assets in all of the following consolidating entries except for: Group of answer choices The basic investment account consolidation entry The excess value (differential) reclassification entry The accumulated depreciation consolidation entry The amortized excess value reclassification entry

Respuesta :

Answer:

The accumulated depreciation consolidation entry

Explanation:

In the case when the parent company owns less than 100% of the subsidiary company so the non-controlled interest should be allocated in all the consolidation entries but for the accumulate depreciation it cant be allocated as it does not have any effect on the net income due to which there is no need to distribute the share to the non-controlling interest shareholders

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