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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.

User Pial Kanti
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1 Answer

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Answer:

retained earnings

Step-by-step explanation:

User Wenmin Wu
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