Under current accounting standards,a dividend declared by a subsidiary from pre-acquisition equity will be recognised by the parent company as:
A) revenue.
B) a reduction in the investment in subsidiary asset.
C) not recognised.
D) none of the above.

Question

Quizplus · Accepted Answer

The Answer of Under current accounting standards,a dividend declared by a subsidiary from pre-acquisition equity will be recognised by the parent company as:
A) revenue.
B) a reduction in the investment in subsidiary asset.
C) not recognised.
D) none of the above.

Under Current Accounting Standards,a Dividend Declared by a Subsidiary from Pre-Acquisition