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Journal entries for the consolidation

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Reference no: EM13152824

Lisa Co. paid cash for all of the voting common stock of Victoria Corp. Victoria will continue to exist as a separate corporation. Journal entries for the consolidation of Lisa and Victoria would be recorded in :

A) a worksheet.

B) Lisa's general journal.

C) Victoria's general journal.

D) Victoria's secret consolidation journal.

E) the general journals of both companies.

Reference no: EM13152824

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