When a parent uses the equity method throughout the year to account for its investment in an acquired subsidiary, which of the following statements is false before making adjustments on the consolidated worksheet? parent company net income equals controlling interest in consolidated net income. parent company retained earnings equals consolidated retained earnings. parent company total assets equals consolidated total assets. parent company dividends equals consolidated dividends.

Parent company retained earnings equals consolidated retained earnings.

FALSE

Explanation:

When the company  acquired the subsidiary, it already had a retained earnings balance. This will be added to parent company retained earnings in the consolidated balance.

Parent Equity

Common Stock 100

RE                      200

Subsidiary:

Common Stock   10

Re                          5

As the subsidiary retained earnings will change by his net income and dividends it will differ to parent company as the parent dividends will be different as well as the income for the year.

you can lose ranking 2 ways.

1) you don't have enough points due to you expending them by asking questions/your answers are deleted.

2) your brainliest's expired. this means that brainliests, once they exceed the 30 day limit, expires. this is to ensure that you continue to contribute into the community at a constant rank if you want to continue to have/exceed the rank you have right now.

if you go to profile, and click "show more information" located on the bottom left of the box with your information (on top of the questions answered, questions asked, and friends), you will be given the following information (example):

member since : 02/13/2017, 18: 11

questions answered: 9741

questions asked: 162

no. of brainliest answers: 1575

brainliest answers in last 30 days: 10

warnings: 0 view

questions/answers reported: 2637

questions/answers incorrectly reported: 64

look at the "brainliest answers in the last 30 days". this is the one that will affect your rank other than your points. again, once your brainliest expires (was earned 31+ days ago), it will not be counted.

~

i tried to get the answer but i could not find it