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. 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.:- M972040

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