Consolidated financial statements present all of the following except the

A) individual assets and liabilities of the parent company
B) individual assets and liabilities of the subsidiary.
C) total revenues and expenses of the subsidiary.
D) stockholders' equity of the subsidiary.

Consolidated Financial Statements

Consolidated Financial Statements present the financial position and performance of a parent company and its subsidiaries as a single entity, merging their individual statements into one comprehensive document.

Subsidiary

A company that is completely or partially owned and controlled by another company, known as the parent company.

Parent Company

A company that owns more than 50% of the common stock of another entity.