eBook P 3 12.79 Consolidation adjustment necessary when affiliates debt is acquired from non-affiliate Asume that Parent company owns 5 percent of its subsidiary. The parent company uses the equity method to account for its Equity Investment. On onwy 1, 2015 the Parent company issued to on unaffiliated company 800.000 facer 10 year, 10 percent boods payable for a $10.000 premium The bonds pay interest on December 11 of each year. On January 1, 2012, the Subtidary acquired 30 percentar the bonds for 222.00. Both companiese straight amonitation in preparing the consolidated financial statements for the year ended December 31, 2019 what consolidating entry adjustment necesary for the begingo ya Equity Investment balance 15.050 Godt Check eBook P 3 12.79 Consolidation adjustment necessary when affiliates debt is acquired from non-affiliate Asume that Parent company owns 5 percent of its subsidiary. The parent company uses the equity method to account for its Equity Investment. On onwy 1, 2015 the Parent company issued to on unaffiliated company 800.000 facer 10 year, 10 percent boods payable for a $10.000 premium The bonds pay interest on December 11 of each year. On January 1, 2012, the Subtidary acquired 30 percentar the bonds for 222.00. Both companiese straight amonitation in preparing the consolidated financial statements for the year ended December 31, 2019 what consolidating entry adjustment necesary for the begingo ya Equity Investment balance 15.050 Godt Check