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Ask the Tutor ACCA FR

Ch 24 FR

Former userFormer user5y ago

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P2-D2P2-D2Tutor5y ago#1
Hi, Yes, it is the dividend received from the subsidiary or the associate, which is eliminated on consolidation of the subsidiary and when equity accounting for the associate. The amount deducted will be the parent's share of whatever the subsidiary/associate has declared this year. Thanks
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