10. If a parent company uses the equity method of accounting, in the working paper eliminations for the second and succeeding years following a business combination between the parent company and its wholly owned subsidiary, the amount eliminated for the subsidiary’s retained earnings is the balance of the subsidiary’s Retained Earnings Ledger account:

a. At the beginning of the year.

b. On the date of the business combination.

c. At the end of the year.

d. At the beginning of the year, less the balance of the parent’s Retained Earnings of Subsidiary account.