Under the Equity Method of Accounting, Depreciation and Amortization of the Date-Of-Business-Combination

Multiple Choice

Under the equity method of accounting, depreciation and amortization of the date-of-business-combination differences between current fair values and carrying amounts of a subsidiary's identifiable net assets is debited in a journal entry to the:

A) Subsidiary's expense ledger accounts
B) Parent company's expense ledger accounts
C) Subsidiary's Retained Earnings ledger account
D) Parent company's Intercompany Investment Income ledger account