In a business combination resulting in a parent company-subsidiary relationship, the parent company's Investment in Subsidiary Common Stock ledger account balance is: a. Eliminated with a working paper elimination for the working paper for consolidated balance sheet b. Allocated to individual asset and liability ledger accounts in a parent company journal entry

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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.