Multiple Choice
The following data pertains to questions
Parent and Sub Inc had the following balance sheets on July 31,2006: Yours Inc's Book Values were equal to their Fair Values on the date of acquisition,with the exception of Yours' Plant and Equipment,which was worth $100,000.
-What amount would appear in Yours' Investment Account after the Pooling of Interests in Question 29 has taken place?
A) $200,000
B) $12,000
C) $100,000
D) Nil
Correct Answer:

Verified
Correct Answer:
Verified
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