asked 12.9k views
3 votes
Tanner Company, a subsidiary acquired for cash, owned equipment with a fair value higher than the book value as of the date of combination. A consolidated balance sheet prepared immediately after the acquisition would include this difference in: (Points : 1)

A. goodwill.
B. retained earnings.
C. deferred charges.
D. equipment.

1 Answer

3 votes

Answer:

retained earnings

Step-by-step explanation:

answered
User Wenmin Wu
by
8.1k points
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