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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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11y ago

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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


What is a non-consolidated subsidiary?

Non consolidated Subsidiaries


What is Consolidated Edison's motto?

The motto of Consolidated Edison is 'On It'.


What is the population of Consolidated Robotics?

The population of Consolidated Robotics is 9,000.


When was Consolidated Robotics created?

Consolidated Robotics was created in 1979.


When did Consolidated Freightways end?

Consolidated Freightways ended in 2002.


When was Consolidated Edison created?

Consolidated Edison was created in 1823.


What is the population of Consolidated Edison?

The population of Consolidated Edison is 2,010.