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Journal entryIntermediatePublished

Question · Dividends received

Brise SA, an associate accounted for under the equity method by Alba SA, pays Alba a dividend of 48,000. Case convention: Alba has already recognised its share of Brise's profit. Record the entry for receipt of the dividend.

Dividend received from the associate
48,000
Your answer
  1. Line 1

    Account Cash

  2. Line 2

    Account Investment in associate

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