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JDizzle

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JDizzle

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Re: weekend farmer post# 60637

Wednesday, 05/22/2019 9:47:20 PM

Wednesday, May 22, 2019 9:47:20 PM

Post# of 74798
the parent company collects and combines all the information from the subsidiary, and no formal transfer of revenue needs to occur. The subsidiary company don’t need to issue their own financial statements, so their revenue and expense data gets gathered internally to produce a set of consolidated financial statements for the company as a whole.

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