Dividends declared by a subsidiary are eliminated against dividend income recorded by the parent under the:
A) partial equity method.
B) equity method.
C) cost method.
D) equity and partial equity methods.

Question

Quizplus · Accepted Answer

The Answer of Dividends declared by a subsidiary are eliminated against dividend income recorded by the parent under the:
A) partial equity method.
B) equity method.
C) cost method.
D) equity and partial equity methods.

Dividends Declared by a Subsidiary Are Eliminated Against Dividend Income