6. In a completed working paper elimination (in journal entry format) for a parent company and its...

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6. In a completed working paper elimination (in journal entry format) for a parent company and its wholly owned subsidiary on the date of the business combination, the total of the debits generally equals the:

a. Parent company’s total cost of its investment in the subsidiary.

b. Carrying amount of the subsidiary’s identifiable net assets.

c. Current fair value of the subsidiary’s identifiable net assets.

d. Total paid-in capital of the subsidiary.

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