Consolidated inventory balance is composed of the book values of the parent’s and the subsidiary’s inventory A.and nothing else B.plus/minus the effects of the difference between book value and fair value of the subsidiary’s inventory balance on the date of acquisition that remains unsold as of year-end, minus the unrealized profit on ending inventory, plus the realized profit on beginning inventory C.plus/minus the effects of the difference between book value and fair value of the subsidiary’s inventory balance on the date of acquisition that remains unsold as of year-end, and minus the unrealized profit on ending inventory D.plus/minus the effects of the difference between book value and fair value of the subsidiary’s inventory balance on the date of acquisition that remains unsold as of year-end
Consolidated inventory balance is composed of the book values of the parent’s and
the subsidiary’s inventory
A.and nothing else
B.plus/minus the effects of the difference between book value and fair value of the subsidiary’s
inventory balance on the date of acquisition that remains unsold as of year-end, minus the
unrealized profit on ending inventory, plus the realized profit on beginning inventory
C.plus/minus the effects of the difference between book value and fair value of the subsidiary’s
inventory balance on the date of acquisition that remains unsold as of year-end, and minus
the unrealized profit on ending inventory
D.plus/minus the effects of the difference between book value and fair value of the subsidiary’s
inventory balance on the date of acquisition that remains unsold as of year-end
![](/static/compass_v2/shared-icons/check-mark.png)
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
![Horngren's Cost Accounting: A Managerial Emphasis…](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
![Intermediate Accounting](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
![Financial and Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)