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1. Identify three types of transactions that result in a change in a parent company's ownership interest in its subsidiary. 2. Why is the date
1. Identify three types of transactions that result in a change in a parent company's ownership interest in its subsidiary. 2. Why is the date of acquisition of subsidiary stock important under the purchase method? 3. When a parent company has obtained control of a subsidiary through several purchases and subsequently sells a portion of its shares in the subsidiary, how is the carrying value of the shares sold determined? 4. When a parent company that records its investment using the cost method during a fiscal year sells a portion of its investment, explain the correct accounting for any differences between selling price and recorded values. 5. When a subsidiary issues additional shares of stock to noncontrolling stockholders and such issuance results in an increase in the carrying value of the parent's share of the subsidiary's equity, how should the increase be reflected in the financial statements? What if it results in a decrease
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