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Question 7 Not yet saved Marked out of 1.00 Hino Ltd is a wholly owned subsidiary of Lucy Ltd. For the year ended 30 June

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Question 7 Not yet saved Marked out of 1.00 Hino Ltd is a wholly owned subsidiary of Lucy Ltd. For the year ended 30 June 2019, Hino Ltd declared $50,000 dividend to Lucy Ltd. On 30 June 2019, the consolidation elimination will include the following line: P Flag question a. Dr Dividend payable $50,000 O b. Cr Dividend revenue $50,000 Dr Dividend declared $50,000 O d. Cr Dividend payable $50,000 C

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