On Consolidation,the Investment in Subsidiary,shown in the Investor's Books,shall Be

question 35

Multiple Choice

On consolidation,the investment in subsidiary,shown in the investor's books,shall be eliminated in full against which of the following?

• A) Assets and liabilities of the subsidiary.
• B) Post-acquisition shareholders' funds of the subsidiary.
• C) Share capital of the subsidiary acquired by the parent only.
• D) Goodwill amount created on acquisition.
• E) None of the given answers.

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Definitions:

Diatoms

Microscopic algae with silica shells, found in freshwater and marine environments, playing a crucial role in oxygen production and aquatic food chains.

Fossil Record

The collection of all known fossils and their placement in rock formations and sedimentary layers, providing information about the history of life on Earth.

Sea Temperature

The measure of the warmth of the surface of the sea, an important parameter affecting marine life and weather patterns.

Phenotype

The observable physical or biochemical characteristics of an organism, as determined by both genetic makeup and environmental influences.