21 Under the equity method of accounting, a parent company's journal entry to record income from the subsidiary includes a debit to the investment ledger account and a credit to the Dividends Revenue account ut of Select one: 0 True question 0 False un 22 On January 1, 2018, Pare Company acquired 100 % of Kidd Company's common stock at an amount equal to its underlying book value. Selected balance sheet data at December 31, 2018, are as follows: d out of question Pare Company Kidd Company Total Assets $420,000 $180,000 Liabilities $120,000 $ 60,000 Common Stock 100,000 50,000 Retained Earnings 200,000 70,000 In Pare's December 31, 2018, consolidated balance sheet, what amount should be reported as minority interest in net assets? Select one: a. 45,000 b. O c. 105,000 d. 30,000