When a subsidiary declares a final dividend payable to a parent who has a 100% interest in the subsidiary, the parent recognises a dividend receivable and the subsidiary recognises a dividend payable. In addition to the elimination of these two items on consolidation, the following items must also be eliminated:

a. Dividend declared and Cash

b. Retained earnings and cash

c. Dividend declared and Retained earnings

d. Dividend revenue and Cash

e. Dividend declared and Dividend revenue