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Company A owns 80% of the share capital of Company B. Company B paid a dividend of P10 000 during the financial period. The adjustment

Company A owns 80% of the share capital of Company B. Company B paid a dividend of P10 000 during the financial period. The adjustment entries in the consolidation worksheet for the dividend include:

Select one:

a.

DR Dividend revenue P10,000

b.

DR Dividend payable P8,000

c.

DR Dividend revenue P8,000

d.

DR Dividend payable P10,000

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