In a business combination resulting in a parent company-subsidiary relationship, the parent company's Investment in Subsidiary Common Stock ledger account balance is:

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In a business combination resulting in a parent company-subsidiary relationship, the parent company's Investment in Subsidiary Common Stock ledger account balance is eliminated with a working paper elimination for the working paper for consolidated balance sheet. This is because for consolidation purposes, intercompany investments and equity accounts are eliminated to present the financial position and results of operations of the parent and subsidiary as if they were a single economic entity.

In a Business Combination Resulting in a Parent Company-Subsidiary Relationship