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If an interim dividend is paid by a subsidiary to its parent, the consolidation entry to eliminate the transaction is which of the following? Dr
If an interim dividend is paid by a subsidiary to its parent, the consolidation entry to eliminate the transaction is which of the following?
Dr Dividend revenue; Cr Interim dividend paid |
Dr Dividend revenue; Cr Dividend payable |
Dr Interim dividend paid; Cr Dividend revenue |
Dr Interim dividend paid; Cr Cash |
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