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What are consolidated assets?

Updated: 9/17/2023
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9y ago

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The term consolidated assets refers to assets being grouped together as one. This occurs in subsidiaries and housing, and other financial items.

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How do you consolidate balance sheet?

in consolidated balance sheet all assets and liabilities of parent and subsidiary is shown altogether.


What is the formula for consolidation balance sheet?

There is no simple formula for consolidated balance sheet but in consolidated balance sheet all assets and liabilities of parent and child companies are joint together to show in one financial statement.


Does goodwill only appear on the consolidated balance sheet?

That is correct. Goodwill as an asset appears on the balance sheet of a consolidated company to represent any premium that the acquiring company paid for a subsidiary company that is in excess of the fair value of the company's net assets. Therefore, Goodwill would only show up on the consolidated balance sheet, as the subsidiary's net assets are not reflected on the acquiring company's balance sheet until the consolidation process.


In a combined statement of financial position the liabilities and net assets section why are total liabilities and unrestricted net assets added together?

Because Assets = Liabilities + Equity. (Net Assets is equity ... with a fancy name and broken into components.) And just to clarify: 1. It's Total Liabilities + Total Net Assets - not just unrestricted net assets, unless you're using a prescribed form that deviates from GAAP. 2. This is regardless of the statement being combined / consolidated, etc. Assets = Liabilities + Net Assets (Equity).... keep it simple and you woun't get confused!


What is consolidated reserve?

consolidated revenue reserve


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What is a non-consolidated subsidiary?

Non consolidated Subsidiaries


When did Consolidated Freightways end?

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The population of Consolidated Edison is 2,010.


When was Consolidated Works created?

Consolidated Works was created in 1997.


When did Consolidated Works end?

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What is the population of Consolidated Robotics?

The population of Consolidated Robotics is 9,000.