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jforero12
Jul 23, 2011, 10:37 PM
Hello,
Id like to fet some information on elimination entries. I have googled it but nothing specific. Is there a particular website where I can find information on this? Thanks. JEssica

Just Looking
Jul 24, 2011, 09:47 AM
This site has a good explanation of the types of entries that are made:
Consolidated Statements (Interco eliminations) - Financial Statements (Tax & Accounting Information) (http://www.findmybestcpa.com/Accinfo/Consolidated-Statements-(Interco-eliminations)/161.html)

Write-up on purchase method of consolidation (I often read this writer's explanations as he makes things easier to understand):
Business Combination: Purchase Method Fundamentals | Accounting-financial-tax.com offers bookkeeping journal entry basic accounting financial accounting management accounting tax accounting cash management accounting cost accounting financial ratio b (http://accounting-financial-tax.com/2010/03/business-combination-purchase-method-fundamentals/)

An example of the pooling method:
Pooling Method (http://www.cord.edu/faculty/bfoss/Pooled.htm)