3) If a parent company does not use the equity method to account for its subsidiary, then it must make an additional worksheet entry, called "*C".

a) What is the *C entry if the partial equity method is used rather than the equity method? What is the purpose of the *C entry in this case? How are the other worksheet entries impacted by using the partial equity method rather than the equity method? How do you compute the amount of the *C entry in this case?

b) What is the *C entry if the initial value method is used rather than the equity method? What is the purpose of the *C entry in this case? How are the other worksheet entries impacted by using the initial value method rather than the equity method? How do you compute the amount of the *C entry in this case?

c) For external reporting purposes, why must a company adjust to the equity method if they are using the initial value or partial equity method?

3) If a parent company does not use the equity method to account for its subsidiary, then it must make an additional worksheet entry, called " C ". a) What is the C entry if the partial equity method is used rather than the equity method? What is the purpose of the C entry in this case? How are the other worksheet entries impacted by using the partial equity method rather than the equity method? How do you compute the amount of the "C entry in this case? b) What is the C entry if the initial value method is used rather than the equity Method? What is the purpose of the "C entry in this case? How are the other worksheet entries impacted by using the initial value method rather than the equity method? How do you compute the amount of the " C entry in this case? c) For external reporting purposes, why must a company adjust to the equity method if they are using the initial value or partial equity method