12. In an installment acquisition of a controlling interest in a subsidiary, the investor uses a Retained

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12. In an installment acquisition of a controlling interest in a subsidiary, the investor uses a Retained Earnings of Investee/Subsidiary ledger account:

a. Beginning with the date of the first investment, regardless of amount.

b. Beginning when the investment aggregates at least 20%.

c. Beginning when the controlling interest is acquired.

d. In none of the foregoing circumstances.

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