When a parent uses the equity method throughout the year to account for its 80% investment in an acquired subsidiary, which of the following statements is false at the date immediately preceding the date on which adjustments are made on the consolidated worksheet?

a. Parent company net income equals controlling interest in consolidated net income. b. Parent company retained earnings equals consolidated retained earnings. c. Parent company total assets equals consolidated total assets. d. Parent company dividends equals consolidated dividends. e. Goodwill will not be recorded on the parent's books.