If Company A invested $70,000 cash in Company B (a newly created subsidiary) with Company B issuing 1000 share of $5 par value common stock to the Parent Company. What is the credit item in the Parent Company   Stock 70,000 Investment in B Company 70,000 Stock $5,000 and Paid-In-Capital $65,000 Cash 70,000

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A: a.

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.