Question: When a parent acquires subsidiary preferred stock, no subsequent working paper entry is necessary to adjust additional paid-in capital under the: I. constructive retirement method.

When a parent acquires subsidiary preferred stock, no subsequent working paper entry is necessary to adjust additional paid-in capital under the:

I. constructive retirement method.

II. cost method. I

a) I only.

b) II only.

c) I and II.

d) I or II if no redemption is present.

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