A Consolidated Balance Sheet Shows

Multiple Choice

A consolidated balance sheet shows:

A) combined long-term assets, long-term liabilities and stockholders' equity for the parent and subsidiary.
B) combined assets and liabilities for the parent and the subsidiary, but stockholders' equity for solely the parent .
C) combined assets, liabilities and stockholders' equity for the parent and subsidiary.
D) combined assets and stockholders' equity for the parent and the subsidiary, but liabilities for solely the parent.