A Moving to another question will save this response. Question 7 The process of preparing consolidated financial statements requires that: O no adjustments be made to the individual financial statements or ledger accounts of the entities in the group. O accruals of expenses and revenues are recorded directly into the retained earnings account of the parent entity. O adjusting journal entries are recorded in the ledger accounts of the subsidiaries only. O adjusting journal entries are recorded in the ledger accounts of the parent only. A Moving to another question will save this res Google Chrome 13 os W P > tv X