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Creprie Ltd acquired all the shares in Bretonne Ltd at 30 June 2020. At the date of acquisition Bretonne Ltd had a dividend payable of $42,000. The shares are acquired ex div. The dividend is paid on 8 July 2020. Which of the following statements is correct? O As Creprie Ltd does not receive the dividend when it is paid, a consolidation adjusting entry is required to debit the dividend receivable at 30 June 2020. As Creperie Ltd does not receive the dividend when it is paid, a consolidation adjusting entry is required to eliminate the dividend payable and dividend receivable account at the date of acquisition. As Creprie Ltd does not receive the dividend, the purchase price recorded by the parent will not be impacted by the dividend. As Creprie Ltd does not receive the dividend when it is paid, the dividend amount will be required to be added to the purchase price