When Preparing a Set of Consolidated Financial Statements, the Pre-Acquisition

Multiple Choice

When preparing a set of consolidated financial statements, the pre-acquisition entry relates to:

A) both the parent and the NCI in the subsidiary;
B) only the investment by the parent in the subsidiary;
C) only the investment by the NCI in the subsidiary;
D) the total investment by the parent in the subsidiary plus the after tax effect of the investment by the NCI.