Pre-acquisition vs post-acquisition equity of a subsidiary

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Problem 1: When preparing consolidated financial statements, it is important to distinguish between pre-acquisition and post-acquisition equity of a subsidiary to:

Option 1: allow pre-acquisition equity to be eliminated on consolidation
Option 2: allow pre-acquisition equity to be added to the parent entity's accounts
Option 3: allow post-acquisition equity to be eliminated on consolidation
Option 4: avoid double counting of post-acquisition equity

Reference no: EM132994536

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