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If an interim dividend is paid by a subsidiary to its parent, which of the following consolidation entries is correct to eliminate the transaction? Select
If an interim dividend is paid by a subsidiary to its parent, which of the following consolidation entries is correct to eliminate the transaction? Select one: O A. Dr Interim dividend paid; Cr Dividend receivable B. Dr Interim dividend paid; Cr Dividend revenue C. Dr Dividend revenue; Cr Interim dividend paid D. Dr Dividend revenue; Cr Dividend payable
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