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When there are inter-company balances (mutual owings) between the holding company and its subsidiary, these should be eliminated from the consolidated balance sheet to:a)Increase the value of minority interest.b)Reduce the value of minority interest.c)Show the total value of inter-company transactions.d)Simplify the presentation of consolidated financials.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about When there are inter-company balances (mutual owings) between the holding company and its subsidiary, these should be eliminated from the consolidated balance sheet to:a)Increase the value of minority interest.b)Reduce the value of minority interest.c)Show the total value of inter-company transactions.d)Simplify the presentation of consolidated financials.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When there are inter-company balances (mutual owings) between the holding company and its subsidiary, these should be eliminated from the consolidated balance sheet to:a)Increase the value of minority interest.b)Reduce the value of minority interest.c)Show the total value of inter-company transactions.d)Simplify the presentation of consolidated financials.Correct answer is option 'D'. Can you explain this answer?.

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