thommo77

jmachine is correct. definitely DO NOT add 350 to SE!

prav_Cfa7

This is incorrect as well.

MonkeyBusiness

Minority interest is NOT negative. It has to be positive for the balance sheet to balance…

ogoluwa

too tired to give a proper answer here, but this info is wrong. don’t combine equity. only add minority interest.
also, always double check anything anyone tells you on AF. lots of misinformation.

defour44

Then why is it that for the control/acquisition method, they say that equity is more than proportionate consol/equity method by the amount of the goodwill..?

amqata

Ok so the non controlling is negative in the equity section of the BS but you do add both company’s equity balance.  Thanks

slackeranalyst

On a balance sheet you would see Equity of 1,500 then a minority interest of (150) so when you add them up you’d have a total equity of 1,350.