Consolidations

Which consolidation journal entry is the same when consolidating day one as it is at the end of year 1?

Select one:

a.The A Entry--to recognize the step up and step down for assets and liabilities for the difference between the book value and the fair value on the date of acquisition

b.The D Entry--to recognize dividends paid by the subsidiary

c.The I Entry--to recognize current year income/expense recognized by the parent during the current year for the net income recorded by the parent related to the investmetn

d.The E Entry--to recognize the expenses related to the step and step down for assets and liabilities

e.None of these

f.All of these