solved Magnus Co. controls Anand Co. and wants to prepare consolidated

Magnus Co. controls Anand Co. and wants to prepare consolidated financial statements. However, the controller of Magnus Co. did not study anything about acquisitions and does not know whether the retained earnings of Anand Co. should be reported in the retained earnings account in the consolidated financial statements.
Research and cite a specific paragraph in the Accounting Standard Codification that can help the controller to determine whether retained earnings of the subsidiary should be reported in the consolidated retained earnings. Unless specifically requested, your response should not cite implementation guidance.
Each ASC reference is structured as a series of four numbers separated by hyphens: a three-digit Topic, a two-digit Subtopic, a two-digit Section, and a two- or three-digit Paragraph. Fill in the boxes below, citing the appropriate paragraph, for example: 810 – 10 – 25 – 6.
FASB ASC  –  –  - 
Magic Co. holds 100% of the outstanding shares of common stock of Jonson Co. and would like to prepare its fiscal year-end (December 31, 2019) consolidated financial statements. The separate financial statements of Magic Co. are prepared for fiscal year ending December 31, 2019. However, Jonson Co. reports its separate financial statements for the fiscal year ending June 30, 2019.
Research and cite a specific paragraph in the Accounting Standard Codification that can help Magic Co. to determine whether it can use the financial statements of Jonson Co. (from June 30, 2019) in preparing the consolidated financial statements for the fiscal year ending December, 31, 2019, without any adjustments. Unless specifically requested, your response should not cite implementation guidance.
FASB ASC  –  –  - 
During the year Mike Co. made a significant change in the rate of uncollectibility in its aging schedule of accounts receivable. This change has a material effect on the balance of accounts receivable. The controller of Mike Co. wants to prepare pro forma financial statements to report accounts receivable and bad debt expense for prior periods. Which section of the Accounting Standards Codification best helps the controller to determine whether pro forma financial statements should be reported in this situation?
Enter your response in the answer fields below. Unless specifically requested, your response should not cite implementation guidance.
FASB ASC  –  –  - 
Super Insurance Co. sells whole-life insurance contracts to policyholders. The contracts are long-duration life insurance contracts. The company normally maintains its original assumptions concerning the contracts; however, recent experience indicates that the contract liabilities and future premiums might not be sufficient to cover future benefits to policyholders. Which section of the authoritative guidance best outlines how the company will recognize any premium deficiency?
Enter your response in the answer fields below. Unless specifically requested, your response should not cite implementation guidance.
FASB ASC  –  –  –