Question: A parent cornpary uses the equity method to account for its wholly-onned subsidiary. Which of the following wit be a correct procedure for the invertmerit

A parent cornpary uses the equity method to account for its wholly-onned subsidiary. Which of the following wit be a correct procedure for the invertmerit account? Select one A tebit for a zubnidiary lows and a debit for dividends received b. A credit foe subsidiary income and a debit for dividendi received c. A isebt for wubsidiry divisends received and a credit for a subsidury los: 1. A gedit for a subsid ary ioss and a credit for dindends received

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