Submission Date: 15/4/2023 QUESTION 1 S Berhad and R Berhad set up DD Sdn Bhd as a separate vehicle entity under the joint venture arrangement (50/50 profit sharing). The cost to set up was RM340,000 for each company. During the year 2023, DD Sdn Bhd after profit was RM120,000 and declared and paid dividend of RM46,000. REQUIRED Prepare the consolidation adjustments journal entries year 2023 for S Berhad: (a) Cost method (b) Equity method