A subsidiary still holds all net assets that were revalued at the date of acquisition. Which working paper eliminating entry below is most likely to be the same whether the consolidation takes place at the date of acquisition or in subsequent years?

Select one:

a. Equity eliminating entry (E) adjustment to retained earnings

b. Equity eliminating entry (E) adjustment to capital stock

c. Write-off eliminating entry (O) adjustment to goodwill

d. Revaluation eliminating entry (R) adjustment to inventory