Lisa co. paid cash for all of the voting common stock of, Ask an Expert

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Lisa Co. paid cash for all of the voting common stock of Victoria Corp. Victoria will continue to exist as a separate corporation. Journal entries for the consolidation of Lisa and Victoria would be recorded in :

A) a worksheet.

B) Lisa's general journal.

C) Victoria's general journal.

D) Victoria's secret consolidation journal.

E) the general journals of both companies.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9442964

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