On the date of acquisition, consolidated retained earnings and consolidated common shares in shareholders' equity are equal to:

Question $11$ Select one:

a$.$

the sum of the parent's shareholders' equity plus its pro$-$rata share of the subsidiary's shareholders' equity.

b$.$

the parent's shareholders' equity.

c$.$

the sum of the parent and subsidiary's shareholders' equity.

d$.$

the subsidiary's shareholders' equity.