Pre-acquisition dividend received by Holding Company is credited to ............

CS Executive · Corporate and Management Accounting · PYQS · June 2024
Pre-acquisition dividend received by Holding Company is credited to ............
(A) Profit & Loss A/c
(B) Capital Profit
(C) Investment A/c
(D) Revenue Profit

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Corporate Accounting

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