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Which Accounts on the Consolidated Balance Sheet Will Be Different

Question 38

Multiple Choice

Which accounts on the consolidated balance sheet will be different when the entity method is used from when the parent company extension theory is used?


A) The investment in subsidiary balance and the consolidated retained earnings balance.
B) The goodwill balance and the consolidated retained earnings balance.
C) The goodwill balance and the non-controlling interest balance.
D) The investment in subsidiary balance and the non-controlling interest balance.

Correct Answer:

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