Which of the following is true of the consolidation process? Group of answer choices Account balances are combined when recording a stock acquisition so the consolidation is automatic. (no elimination entries are needed to consolidate) Even though the initial accounting for asset acquisitions and 100% stock acquisitions differs, the consolidation process should result in the same balance sheet. The investment in subsidiary account will be displayed on the consolidated balance sheet. The assets of the non-controlling interest will be predominately displayed on the consolidated balance sheet when 100% of the stock of the subsidiary is acquired