When you consolidate the accounts of subsidiary with the Parent company

a)What happens to the Investment by the parent company in the shares of the subsidiary? ( 3 Marks)

b)In case the Fair Value is higher than Book Value of the subsidiary, Where does the Excess of Fair Value appear in the Consolidated Balance sheet ? ( 3 Marks )

c) In case the Parent company acquires only 85% of equity of the subsidiary, what is the balance 15% called as and where will that appear in the consolidated Balance sheet ? ( 4 Marks )