AInc Purchased 100% of B Inc

Multiple Choice

AInc. purchased 100% of B Inc.'s voting shares for cash. The Assets and Liabilities reported in the Consolidated Balance Sheet of A Inc. prepared on the date of acquisition will include:

A) the book value of A's assets and liabilities plus the book value of B's assets and liabilities.
B) the fair market value of A's assets and liabilities plus the book value of B's assets and liabilities.
C) the book value of A's assets and liabilities plus the fair market value of B's assets and liabilities.
D) the fair market value of A's assets and liabilities plus the fair market value of B's assets and liabilities.