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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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