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P acquired 85% of S. during the year, S reported net income 6000 JD and declared dividends 2000 JD. P uses equity method. T eliminating
P acquired 85% of S. during the year, S reported net income 6000 JD and declared dividends 2000 JD. P uses equity method. T eliminating entry for dividends: Select one: O a. Dr. Investment 2000 Cr. Dividends declared 2000 O b. Dr. Investment 6000 Cr. Dividends declared 6000 O c. Dr. Investment 5100 Cr. Dividends declared 5100 O d. Dr. Investment 1700 Cr. Dividends declared 1700
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Management Accounting
Authors: Late RC Sekhar, AV Rajagopalan
1st Edition
195683609, 978-0195683608
