Based on the preceding information,what amount of land will be included in the consolidated balance sheet immediately following the acquisition?
A) $0
B) $10,000
C) $90,000
D) $100,000

Question

Quizplus · Accepted Answer

The consolidated balance sheet will include the total land of both the parent company and the subsidiary, which is $100,000 ($10,000 + $90,000). Therefore, option D is the correct answer.

Based on the Preceding Information,what Amount of Land Will Be