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The Consolidation Elimination Entry Required to Remove Any Dividends Received

Question 33

Multiple Choice

The consolidation elimination entry required to remove any dividends received from a subsidiary prior to the preparation of Consolidated Financial statements (assuming that the parent uses the cost method to record its investment in the sub) would be:


A) The consolidation elimination entry required to remove any dividends received from a subsidiary prior to the preparation of Consolidated Financial statements (assuming that the parent uses the cost method to record its investment in the sub) would be: A) B) C) D)
B) The consolidation elimination entry required to remove any dividends received from a subsidiary prior to the preparation of Consolidated Financial statements (assuming that the parent uses the cost method to record its investment in the sub) would be: A) B) C) D)
C) The consolidation elimination entry required to remove any dividends received from a subsidiary prior to the preparation of Consolidated Financial statements (assuming that the parent uses the cost method to record its investment in the sub) would be: A) B) C) D)
D) The consolidation elimination entry required to remove any dividends received from a subsidiary prior to the preparation of Consolidated Financial statements (assuming that the parent uses the cost method to record its investment in the sub) would be: A) B) C) D)

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