【单选题】An intra-entity transfer of a depreciable asset took place whereby the transfer price exceeded the book value of the asset. Which statement is true with respect to the year following the year in which...
A.
A worksheet entry is made with a debit to gain for a downstream transfer.
B.
A worksheet entry is made with a debit to gain for an upstream transfer.
C.
A worksheet entry is made with a debit to investment in subsidiary for a downstream transfer when the parent uses the equity method.
D.
A worksheet entry is made with a debit to retained earnings for a downstream transfer, regardless of the method used account for the investment.
E.
No worksheet entry is necessary.