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Pacquired 75% of S. during the year, Sreported net loss 10000 JD and declared dividends 4000 JD. Puses equity method. The eliminating entry for equity

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Pacquired 75% of S. during the year, Sreported net loss 10000 JD and declared dividends 4000 JD. Puses equity method. The eliminating entry for equity income: Select one O a Dr. Equity income 4000 Cr Investment 4000 b. Dr Investment 7500 Cr. Equity income 7500 Oc Dr Equity income 7500 Cr Investment 7500 d Dr Investment 3000 Cr Equity income 3000

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