Question

Medium Lisa Co. paid cash for all of the voting common stock of Victoria Corp. Victoria will continue to exist as a separate corporation. Journal entries for the consolidation of Lisa and Victoria would be recorded in

Answer 1

Answer:

a worksheet

Explanation:

A work sheet can be regarded bad a Multiple column sheets in which

all the necessary information that are required in preparation of the financial statement is been systematically recorded. worksheet cannot be regarded as a permanent account or regarded as a part of a journal/ ledger.