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A Ltd Holds a 60% Interest in B Ltd

Question 18

Multiple Choice

A Ltd holds a 60% interest in B Ltd. On 1 January 2014 B Ltd paid an interim dividend of €25 000 and on 30 June 2014 B Ltd declared a final dividend of €15 000. The NCI journals at 30 June 2014 will include:


A) DR Interim dividend paid €10 000
B) DR NCI €16 000
C) CR Dividend receivable €6 000
D) CR Final dividend declared €9 000

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