During 2018, a Parent Company Billed Its 100%-Owned Subsidiary for Computer

Multiple Choice

During 2018, a parent company billed its 100%-owned subsidiary for computer services at the rate of $1,000 per month.At year end, one month's bill remained unpaid.As a part of the consolidation process, net income

A) ​should be reduced $12,000.
B) ​should be reduced $1,000.
C) ​needs no adjustment.
D) ​needs an adjustment, but the amount is not provided by this information.