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Question 4 Time left 2:25:44 When you consolidate the accounts of subsidiary with the Parent company Not yet answered Marked out of 10.00 a) What happens to the Investment by the parent company in the shares of the subsidiary? ( 3 Marks) P Flag question b) In case the Fair Value is higher than Book Value of the subsidiary, Where does the Excess of Fair Value appear in the Consolidated Balance sheet? ( 3 Marks) c) In case the Parent company acquires only 85% of equity of the subsidiary, what is the balance 15% called as and where will that appear in the consolidated Balance sheet ? 4 Marks ) 7 A- B 1