When a Dividend Declared by a Subsidiary Results in an Adjustment

Multiple Choice

When a dividend declared by a subsidiary results in an adjustment for impairment of the parent company investment in subsidiary asset,the following consolidation worksheet adjustment is required:

A) DR Impairment loss Investment in Subsidiary CR Accum. Impairment Loss
B) DR Accum Impairment Loss CR Impairment Loss Investment in Subsidiary
C) DR Impairment Loss Investment in Subsidiary CR Investment in Subsidiary
D) none of the above