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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 consolidatio

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.

Answer: A 

Learning Objective: 02-07

Topic: Consolidation worksheet

Difficulty: 1 Easy 

Blooms: Remember

AACSB: Reflective Thinking

AICPA: BB Critical Thinking

AICPA: FN Measurement

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Written by Homework Lance

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