P Company purchased 90% of the outstanding common stock of S Company on January 1, 2010 .S Company's stockholders' equity at various dates was: The workpaper entry to establish reciprocity under the cost method in the preparation of a consolidated statements workpaper on December 31, 2014 should include a credit to P Company's retained earnings of

Question

P Company purchased 90% of the outstanding common stock of S Company on January 1, 2010 .S Company's stockholders' equity at various dates was:  The workpaper entry to establish reciprocity under the cost method in the preparation of a consolidated statements workpaper on December 31, 2014 should include a credit to P Company's retained earnings of

Quizplus · Accepted Answer

The Answer is B

P Company Purchased 90% of the Outstanding Common Stock of S