The Process of Consolidation

The process of consolidation

A) combines the financial statements of a parent and subsidiary by eliminating the stockholders' equity of the parent company.
B) combines the financial statements of a parent and subsidiary eliminates any intercompany transactions between the parent and subsidiary.
C) uses the cost method to record gains and losses associated with the minority interest.
D) creates a minority interest account on the balance sheet of the subsidiary.
E) all of the above are true.