Question
Prepare a consolidation journal entry On 12 June, a wholly owned subsidiary announced a dividend from pre-control equity, but will not record it until the
Prepare a consolidation journal entry
On 12 June, a wholly owned subsidiary announced a dividend from pre-control equity, but will not record it until the payment date in July. The parent recorded the dividend at the announcement data. AASB 127 38A is applicable.
Question: how to write Journal entry above transaction ?
Dr?
Cr?
and I need to some explanation and original dividend transaction as well.
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Using Microsoft Excel and Access 2016 for Accounting
Authors: Glenn Owen
5th edition
1337109048, 1337109045, 1337342149, 9781337342148 , 978-1337109048
