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In a business combination resulting in a parent-subsidiary relationship, differences between current fair values and carrying amounts of the subsidiary's identifiable net assets on
In a business combination resulting in a parent-subsidiary relationship, differences between current fair values and carrying amounts of the subsidiary's identifiable net assets on the date of the combination are a. disregarded. b. provided in the working paper eliminating entries. C. recorded in the accounting records of the parent. d. recorded in the accounting records of the subsidiary.
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