At Acquisition Date a Wholly Owned Subsidiary Had the Following

Multiple Choice

At acquisition date a wholly owned subsidiary had the following equity items:
-Retained earnings $14 000
-Share capital $30 000
-Business combination revaluation reserve $6000
In the year following the acquisition the subsidiary transferred $10 000 from pre-acquisition retained earnings,to a general reserve account.At the reporting date following the reserve transfer,the following consolidation adjustment is needed:

A) DR Retained earnings $10 000 CR General reserve $10 000
B) DR General reserve $10 000 CR Shares in subsidiary $10 000
C) DR Shares in subsidiary $10 000 CR Retained earnings $10 000
D) DR General reserve $10 000 CR Retained earnings $10 000.