The Pre-Acquisition Entry for the Baxter Group in Order to Consolidate

Multiple Choice

The pre-acquisition entry for the Baxter group in order to consolidate a 60% interest in a subsidiary contained the following debits. Retained earnings $6000, share capital $12 000, general reserve $2400, BCVR $1200. The direct non-controlling interest's share of the subsidiary's equity at the date of acquisition is:

A) $8640.
B) $14 400.
C) $12 960.
D) $21 600.