Question 3 Jack Berhad acquired the following investments in Sparrow Sdn Bhd on 1 January 2021: Total amount issued by Percentage of Dividends & Sparrow ownership by Jack interests to accrue Ordinary shares 4% 80% RM2,000,000 5% Preference shares RM300,000 40% 6% Debentures RM150,000 30% None of the dividends or interests have been accrued. Full year Half year Required: (a) Determine the amounts of dividends and interests that needs to be accrued by Sparrow Sdn Bhd. (b) Show the journal entries for accrual of dividends and interests in Sparrow's books. (c) Determine the amount of intercompany dividends and interests received by Jack Bhd from Sparrow Sdn Bhd (d) Show the journal entries for recognition of intercompany dividends and interests in Jack's books. (26 marks)