Associate and Joint Venture

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March 2, 2017 at 5:44 pm #375169
Muslim Farooque
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are both associate and joint venture treated under equity method of accounting? and basically what does that mean?
March 2, 2017 at 7:00 pm #375177
MikeLittle
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Yes, they are both treated under the equity method

“What does that mean?”

The ‘rules’ of the equity method of accounting are set out for you on page 64 of the free course notes on this site
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