Question:Which of the following statements is NOT true? 

A Consolidated net income is the same amount as that which results when the parent uses the equity method for an unconsolidated subsidiary. 
B Consolidated retained earnings is the same amount as that which results when the parent uses the equity method for an unconsolidated subsidiary. 
C The consolidation process eliminates the Equity in Earnings of Subsidiary account. 
D All of these statements are true. 

+ Answer
A 

+ Explanation
Answer not sure

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Md. Habib Ullah

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