"Pop has acquired 90% of Son at a price of $198,000. The book value of Sons net assets was $120,000. At the time of acquisition land and equipment was undervalued by $15000, and $1,000. Sons capital stock and retained earnings were $100,000 and $ 20,000 respectively. Under parent company theory the journal entry to record push down capital account will be: "

"Debit land, debit goodwill, debit retained earnings, credit equipment, credit pushdown capital"

"Debit land, debit goodwill, debit equipment, debit retained earnings, credit pushdown capital"

"Debit land, debit goodwill, debit equipment, credit retained earnings, credit pushdown capital"

None of above