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I have a blank completed question from the revision for the test, can you help me to do it ? An investment by a (

I have a blank completed question from the revision for the test, can you help me to do it ?

An investment by a ( )entity in a ( ) entity is an example of a business combination. If the ownership gives the ( ) entity ( ), then a ( )must take place at the end of every reporting period. To ( ) means bringing together, or merging, so the ( ) of the entities are essentially added together to show the financial performance and position as if they were one big economic entity. This necessitates the elimination of some accounting items via ( ) worksheet entries. The process begins with an acquisition analysis to determine ( ) equity. Since equity is represented by assets minus liabilities, the ( ) of the assets and liabilities of the ( ) must be determined. The acquisition analysis determines whether any ( ) should be recorded in the consolidated financial statements. Equity consists of more than just Share Capital and Retained Earnings. There can also be one or more ( ), and a special reserve account is created via the ( ) process. This Business Combination Valuation Reserve (BCVR) is used to record adjustments to individual accounts during the ( ), since the individual records of the ( ) entity and subsidiary entity are never affected during the consolidation process.

you have fill these blanks by these words: parent, subsidiary, consolidation, consolidate, goodwill, entity, fair value, pre-acquisition, reserves, financial statements, control

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