Page Comparison

This scenario describes the Equity Method (EMA) of accounting for a buy, or acquisition, of a Joint Venture (JVLCLP) security .When when you use the Equity Method (EMA) accounting method. When you use the equity method of accounting for a position, you can hold positions that use the Equity Method (EMA) of accounting method as well as positions that use the STAR accounting method of accounting. These scenarios describe the Equity Method (EMA) of accounting. .

For this scenario the Entity (EMAENT) has two bases:

• STAT (uses the STAT equity method treatment)

• GAAP (use the Other equity method treatment)

Any other bases that use the generic STAR method of accounting process the Open, Close, and Conversion transactions as they normally do in Eagle Accounting, while all of the Adjustment transactions are not available for generic STAR accounting bases.

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The ledger entries for each basis follow. 

STAT Treatment and Other Treatment

This transaction creates a cash receivable record that settles separately.

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