In a mid-year purchase when the subsidiary’s books are not closed until the end of the year, the purchase income account contains the parent’s share of the A. Subsidiary’s income earned from the...

In a mid-year purchase when the subsidiary’s books are not closed until the end of the year, the purchase income account contains the parent’s share of the
A. Subsidiary’s income earned from the beginning of the year to the date of acquisition.
B. Subsidiary’s income earned from the date of acquisition to the end of the year.
C. Consolidated net income.
D. Subsidiary’s income earned for the entire year