Question 4 2 pts 5 years ago, ALX Entity was acquired by LAX Entity. The acquisition resulted to a parent-subsidiary relationship. ALX Entity reported Php 50 million total assets in the financial statement as of December 2021. The said financial statement is accounted for as: A. Unconsolidated Statement of Financial Position B. Consolidated Statement of Financial Position C. Consolidated Statement of Financial Performance D. Unconsolidated Statement of Financial Performance