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  3. company y purchased a controlling interest in comp

Company Y purchased a controlling interest in Company Z on January 1,2018. Which of the...

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Accounting

Company Y purchased a controlling interest in Company Z on January 1,2018. Which of the following would appear as the shareholders' equity amount on Company Y consolidated balance share on the date of acquisition?
Question 8 options:
Company Y shareholder's equity
The sum of the shareholders' equity of both companies.
Company Y shareholders' equity as well as Company Y proportional share of Company Z net assets at book value.
Company Y shareholders' equity as well as Company Y proportional share of Company Z net assets at fair market value.

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