Explain, using the accounting equation, the effect on the parent company's balance sheet of a cash payment

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Explain, using the accounting equation, the effect on the parent company's balance sheet of a cash payment for an investment in a subsidiary company?
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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