A Co. has acquired an 80% controlling interest in B Co. If using the proportionate consolidation method, the consolidated balance sheet on the date of acquisition, will contain: January 1, 2023 by admin the parent’s pro rata share of the assets and liabilities of the subsidiary at book value. 100% of the assets and liabilities of the subsidiary at fair market value. 100% of the assets and liabilities of the subsidiary at book value. the parent’s pro rata share of the assets and liabilities of the subsidiary at fair market value. See Answer the parent’s pro rata share of the assets and liabilities of the subsidiary at fair market value.