FAR09 Consolidating Financial Statements and Process

If using the equity method, what actions must the parent entity conduct?

True/False After the date of acquisition, the parent company will account for its investment in S using either the equity method or the cost method.

What are examples of the amounts and accounts that must be eliminated under Intercompany receivables / payables eliminations?

What is the eliminating entry when parent owns less than 100%  of the subsidiary?