The Cash Flow Statement is... A report that provides a detailed relation of payments and collections of a company during a period A report that provides a better understanding on the cash variations of a company during a period A report that provides a explanation of the main payments of a company during a period None of the other answers are correct Company H buys 60% of the shares of company K paying 300. Fair value of K's assets is equal to its book value, except for a building that is 100 higher. K's owner's equity is 150. Assuming a tax rate of 50% the equity-investment elimination adjustment will be... Debit 100 Building, Credit 300 Investment, Debit 150 Owner's equity, Credit 50 Def. Tax Liability, Debit 180 Goodwill, Credit 80 Non Controlling Interest Debit 100 Building, Credit 180 Investment, Debit 150 Owner's equity, Credit 50 Def. Tax Liability, Debit 180 Goodwill, Credit 120 Non Controlling Interest Debit 100 Building, Credit 300 Investment, Debit 150 Owner's equity, Credit 50 Def. Tax Liability, Debit 100 Goodwill None of the other answers are correct