Explain, using the accounting equation, the effect on the parent company's balance sheet of a share issue

Question:

Explain, using the accounting equation, the effect on the parent company's of a share issue in exchange for shares in the subsidiary company?
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...