The group of American consumers born after 1994 is often called ________

The credit side is always the left side of the account

Indicate whether the statement is true or false.

Which of the following is true of the consolidation process?

a. Even though the initial accounting for asset acquisitions and 100% stock acquisitions differs, the consolidation process should result in the same balance sheet. b. Account balances are combined when recording a stock acquisition so the consolidation is automatic. c. The assets of the non-controlling interest will be predominately displayed on the consolidated balance sheet. d. The investment in subsidiary account will be displayed on the consolidated balance sheet.