1 points Following are two Ti consolidation entries prepared by Khalid in an upstream transfer when (a) the subsidiary is wholly owned and (b) the subsidiary is partially owned (80%). The goods are transferred at cost in the amount of $200,000 (a)-Ti (subsidiary is wholly owned) Sales 200,000 Cost of Goods Sold 200,000 (b)-TL (subsidiary 80% owned) Sales Cost of Goods Sold 160,000 160,000 Required: Give your comments on the answer For the toolbar, press ALT FOCO ALTF10 Mac) BI V $ Paragraph Arial a XX, 39 1. 10pt 2. XOGO 6 3 p I ST 19 B. D HE