Phobos Company Holds 80 Percent of Seimos Company's Voting Shares

Phobos Company holds 80 percent of Seimos Company's voting shares.During the preparation of consolidated financial statements for 20X9,the following consolidating entry was made:

Which of the following statements is correct?

A) Phobos Company purchased land from Seimos Company during 20X9.
B) Phobos Company purchased land from Seimos Company before January 1,20X9.
C) Seimos Company purchased land from Phobos Company during 20X9.
D) Seimos Company purchased land from Phobos Company before January 1,20X9.