What Is Consolidated Balance Sheet?
Answer:
Basically the balance sheet of a company shows the financial position of the company on a specific date. There are two main categories of set off sheets, depending on the information they carry. A simple balance sheet only show the financial position of the parent company, however a consolidated match sheet gives the balance sheet of the parent company as well as symmetry sheet of subsidiary.
If a company goes in merger with some other company later the balance sheet is again known as consolidated balance sheet of the company. The model of consolidation is to show the financial position of the company in the market in good opinion to its subsidiaries.
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