Parent Co. acquired 90% of the common stock of Subsidiary Co. in a cash-only transaction....

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Accounting

Parent Co. acquired 90% of the common stock of Subsidiary Co. in a cash-only transaction. In the first consolidated balance sheet issued after this business combination, the noncontrolling interest must be reported as
A. Current assets.
B. Noncurrent assets.
C. Equity.
D. Noncurrent liabilities.
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