un 9 What is consolidated retained earnings? d out of question Select one: a. parents retained earnings plus Parents share of Subsidiary net income for the current year less parents share of Subsidiary dividends declared b. Parents retained earnings plus Parents share of the net increase in Subsidiary retained earnings since acquisition c. Parents retained earnings plus Subsidiary retained earnings. d. Parents retained earnings only on 10 UPstream sale is a sale by a parent to a subsidiary ed Select one: O. True out of O False question 11 A subsidiary's paid-in capital ledger accounts always are eliminated in the preparation of a consolidated balance sheet for the parent company and the subsidiary Select one: ut of True False uestion