[kwameaddae]

During the post-acquisition period, BB ltd declared an ordinary dividend of 10GP per share which was not paid at the end of the year. Robert Ltd had taken credit of the dividend as at 31st December 2015.

Ordinary Dividend Receivable – 8,000 in the books of parent(Robert)
Ordinary Dividend Payable – 10,000 in e books of Subsidiary (BB Ltd)

BB has a 20,000 shares

how do u treat it

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