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On 1/1/2021 P company acquired 80% of S company. Accounts receivable balance for P company is 27000 JD, Accounts receivable balance for company is 10000

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On 1/1/2021 P company acquired 80% of S company. Accounts receivable balance for P company is 27000 JD, Accounts receivable balance for company is 10000 JD. S sold inventory to P on account for 10000 JD. Compute consolidated balance for accounts receivable a. 26000 O b. 27000 O c. 28000 O d. 29000

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