2 p ESTION 17 1. If a company owns 35% of the common stock of another company, what accounting method sh use to update the value of its investment? CA Cost Method B. Equity Method CC. Parent-Subsidiary Method CD. Consolidation ESTION 18 1. A debit balance in the Allowance for Doubtful Accounts (ADA) CA. CB. cannot occur if the percentage of sales method of estimating bad debts is used. is the normal balance for that account. CC. indicates that actual bad debt write-offs have been less than what was estimated. 2 P