Which of the Following Will Be Included in a Consolidation

question 120

Multiple Choice

Which of the following will be included in a consolidation entry for 2018?

• A) Debit retained earnings for $5,000.
• B) Credit retained earnings for $5,000.
• C) Debit investment in subsidiary for $5,000.
• D) Credit investment in subsidiary for $5,000.
• E) Credit land for $5,000.

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Definitions:

ATP Synthesis

The process of creating adenosine triphosphate (ATP), the cellular energy currency, primarily through cellular respiration in mitochondria or photosynthesis in chloroplasts.

Anaerobic Respiration

A form of respiration where energy is produced in the absence of oxygen, utilizing other electron acceptors and producing different end products.

Terminal Electron Acceptor

A compound that receives or accepts an electron during cellular respiration or photosynthesis, allowing for the process of energy generation to conclude.

Oxygen

A chemical element (O) essential for respiration in most living organisms and a critical component of water and most organic compounds.