1. Based on the journal entries under equity method, we summarized the formula for investment account balance. The formula calculates

A) "Investment" account balance in parent's accounting books

B) "Investment" account balance in subsidiary's accounting books

C) Consolidated "Investment" account balance reported by parent company

D) Consolidated "Investment" account balance reported by the subsidiary

2. Consolidation entry [A] recognizes

(*here, consolidation period refers to the accounting period covered by the consolidated financial statements; consolidation date refers to the last day of the consolidation period)

A) Initial excess allocation

B) Unamortized excess as of the beginning of the consolidation period*

C) Unamortized excess as of the consolidation date

D) Accumulated excess amortization