Monster Co Plc Owns 100% of the Issued Shares of Mini

Monster Co Plc owns 100% of the issued shares of Mini Co Plc.Mini Co Ltd declared a dividend of €100 000 for the period ended 30 June 2014.Monster Co Plc accrues dividends when they are declared by its subsidiaries.What elimination entry would be required to prepare the consolidated financial statements for the group for the period ended 30 June 2015?

A) $$\begin{array} { | c | l | r | r | } \hline \mathrm { Dr } & \text { Cash } & 100000 & \\\hline \mathrm { Cr } & \text { Dividend declared } & & 100000 \\\hline & & & \\\hline \mathrm { Dr } & \text { Dividend receivable } & 100000 & \\\hline \mathrm { Cr } & \text { Dividend payable } & & 100000 \\\hline\end{array}$$
B) $$\begin{array} { | c | l | r | r | } \hline \mathrm { Dr } & \text { Dividend declared } & 100000 & \\\hline \mathrm { Cr } & \text { Dividend receivable } & & 100000 \\\hline & & & \\\hline \mathrm { Dr } & \text { Dividend payable } & 100000 & \\\hline \mathrm { Cr } & \text { Dividend income } & & 100000 \\\hline\end{array}$$
C) $$\begin{array} { | c | l | r | r | } \hline \mathrm { Dr } & \text { Dividend income } & 100000 & \\\hline \mathrm { Cr } & \text { Dividend expense } & & 100000 \\\hline & & & \\\hline \mathrm { Dr } & \text { Dividend payable } & 100000 & \\\hline \mathrm { Cr } & \text { Cash } & & 100000 \\\hline\end{array}$$
D) $$\begin{array} { | c | l | r | r | } \hline \mathrm { Dr } & \text { Dividend payable } & 100,000 & \\\hline \mathrm { Cr } & \text { Dividend declared } & & 100,000 \\\hline & & & \\\hline \mathrm { Dr } & \text { Dividend income } & 100,000 & \\\hline \mathrm { Cr } & \text { Dividend receivable } & & 100,000 \\\hline\end{array}$$