Question: Whats correct answer please explain. Question 7 Leon Ltd. purchases 65% of Wallah Co. Under the entity method of consolidation, what is allocated to non-controlling

Whats correct answer please explain.

Question 7 Leon Ltd. purchases 65% of Wallah Co. Under the entity method of consolidation, what is allocated to non-controlling interest? O A. 35% of Wallah's net assets at fair value O B.35% of Wallah's net assets at carrying value plus 35% of Wallah's fair value increments including goodwill O C.35% of Wallah's net assets at carrying value O D.35% of Wallah's net assets at carrying value plus 35% of Wallah's fair value increments excluding goodwill

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