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(a) This the balance sheet of subsidiary company (b) This is the balance sheet in which both holding company and subsidiary company's assets and liabilities are shown. (c) This is the balance sheet of big corporates. (d) This is the balance sheet of Govt. company.
The balance sheets of subsidiary companies grouped together into the balance sheet of the parent company. Also called group balance sheet
Combine financial statment of parents and all of its subsidaries companies(more than50% shareholding of parent in subsidaries) except for the one which is held for sale .....
A consolidation balance sheet/report keeps the financial data from all the financial statemets. So there is nothing specific about it. Any organization can make this sheet. So option B is the right answer.
B
Option B is the right answer.
This is the balance sheet in which both holding company and subsidiary company's assets and liabilities are shown.
B. The consolidated B/S is produced by combining the Assets and liabilities of all subsidiaries + branches of similar Group.
The combined financial statements of a parent company and its subsidiaries.
(b) This is the balance sheet in which both holding company and subsidiary company's assets and liabilities are shown.
