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Dividend Payment to Parent's Parent Company

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Dividend Payment to Parent's Parent Company

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by AvatarP2-D2.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • June 27, 2018 at 11:36 pm #460404
    Avatarerprostk
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    How would you account for a dividend paid to the parent company two levels above. As an example.

    Company A owns 100% of Company B. Company B, in turn, owns 100% of company C.

    Company C pays a $5000 dividend directly to company A.

    Thanks for the help!

    June 29, 2018 at 9:22 am #460510
    AvatarP2-D2
    Keymaster
    • Topics: 4
    • Replies: 7232
    • ☆☆☆☆☆

    Hi,

    This is part of a complex group structure and is not within the syllabus.

    Thanks

  • Author
    Posts
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