Problem

The noncontrolling interest represents an outside ownership in a subsidiary that is not at...

The noncontrolling interest represents an outside ownership in a subsidiary that is not attributable to the parent company. Where in the consolidated balance sheet is this outside ownership interest recognized?

a. In the liability section.

b. In a mezzanine section between liabilities and owners’ equity.

c. In the owners’ equity section.

d. The noncontrolling interest is not recognized in the consolidated balance sheet.

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