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Discuss what the differences would be in the equity

Associates:

Linx Ltd has acquired 70% of shares of Digital Ltd, and 35% of the shares of Innex Ltd. If Linx Ltd was not a parent and therefore did not prepare consolidated financial statements, discuss what the differences would be in the equity accounting for Innex Ltd. (Assume 35% does not constitute control).

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Accounting Basics: Discuss what the differences would be in the equity

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