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What the pre-acquisition entry relates to

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Problem 1: When preparing a set of consolidated financial statements, the pre-acquisition entry relates to:

a. only the investment by the parent in the subsidiary.

b. both the parent and the non-controlling interest in the subsidiary.

c. the total investment by the parent in the subsidiary plus the after-tax effect of the investment by the non-controlling interest.

d. only the investment by the non-controlling interest in the subsidiary.

Reference no: EM132962994

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