When performing a consolidation, if the balance sheet does not balance? the debit and credit totals of the adjusting/eliminating columns of the consolidation working paper should be checked to confirm that they balance, and if so, then there is no need to check the individual line items. it is frequently because of the noncontrolling interest, as these amounts do not appear on the separate companies' general ledgers. that indicates that the investment in subsidiary account on the parent's books should not be adjusted to -0-, because there is excess value represented in the investment. the amount that it is "off" will always equal the noncontrolling interest in the current year net income of the subsidiary

it is frequently because of the non controlling interest, as these amounts do not appear on the separate companies' general ledgers.

Explanation:

Under consolidation where the investment in a company is not 100% and the investment is in between 50 - 100% then there is a minority interest calculated.

This is shown as a part of liability in the balance sheet.

Minority interest reflects the balance of non controlling interest in the company, and that it is a complete balance sheet part and is not stated in the  income statement of the company.

As this is not a part of general accounting transaction it is not reflected in general ledger, and thus, it is the figure that is generally not stated in the consolidated balance sheet, which leads to mismatch the balance sheet.

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a

b

b

a

c

b

d

d

none of these are correct, as they are all sources of american law

a