The amount of consolidated entry *C is the difference between the parent's retained earnings account at the beginning of the year using the equity method

Multiple Choice

• and the amount using the initial value method in the first year after acquisition.

• and the amount using the partial equity method in the first year after acquisition.

• and the amount using the cost method in the first year after acquisition.

• and the amount using the initial value or partial equity method in year two or later after acquisition.

• and the amount using any investment method as long as there had been no intra-entity inventory or asset transfers.