REFERENCE: Ref.05_03 Strickland Company Sells Inventory to Its Parent,Carter Company,at a Profit

REFERENCE: Ref.05_03
Strickland Company sells inventory to its parent,Carter Company,at a profit during 2009.Select the correct answer.
-With regard to the intercompany sale,which of the following choices would be a credit entry in the consolidated worksheet for 2009?

A) Retained earnings.
B) Cost of goods sold.
C) Inventory.
D) Investment Strickland Company.
E) Additional paid-in capital.