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In Sunrise Group's Consolidation Worksheet, the Opening Balance of Retained

Question 46

Multiple Choice

In Sunrise Group's consolidation worksheet, the opening balance of retained earnings under 'Group' column shows a balance of $90 000. If there is a debit entry of $22 000 in the NCI column, the opening balance of retained earnings under 'Parent' column would be:


A) $112 000.
B) $100 000.
C) $68 000.
D) $56 000.

Correct Answer:

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