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Pacquired 80% of S. during the year, S reported net income 6000 JD and declared dividends 2000 JD. P uses equity method. The eliminating entry
Pacquired 80% of S. during the year, S reported net income 6000 JD and declared dividends 2000 JD. P uses equity method. The 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 1600 Cr. Dividends declared 1600 O d. Dr. Investment 4800 Cr. Dividends declared 4800
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Management and Cost Accounting
Authors: Colin Drury
8th edition
978-1408041802, 1408041804, 978-1408048566, 1408048566, 978-1408093887
