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Commerce Accounting Difficulty: Medium

Preparation of consolidated Balance Sheet of Holding Company and its subsidiary company is done as per

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Companies benefit from direct investment by An item of cost that is direct for one business may be . . . . . . . . for another business. In the following diagram, consumer's surplus is shown by Arithmetic mean of a group of 100 items is 50 and of another group of 150 items is 100. What will be the mean of all items? Capital reduction account is used to . . . . . . . .