Equity Method Video Lessons

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Problem: Under the equity method, the account Equity in Investee Losses is reported a. on the balance sheet as an adjustment to the investment account. b. on the income statement as "other income and losses." c. on the balance sheet as "other comprehensive income." d. on the balance sheet as a contra-asset account to the Investments In Associated Companies account.

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Under the equity method, the account Equity in Investee Losses is reported

a. on the balance sheet as an adjustment to the investment account.

b. on the income statement as "other income and losses."

c. on the balance sheet as "other comprehensive income."

d. on the balance sheet as a contra-asset account to the Investments In Associated Companies account.

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