Please help. Thank you Justin acquires 90% of the voting common shares of Stevens on...
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Accounting
Please help. Thank you
Justin acquires 90% of the voting common shares of Stevens on January 1, 2019. In 2010, Justin pays dividends of $350,000 and Stevens pays dividends of $25,000.
a) How much is the controlling interest in subsidiary dividends?
b) How much is consolidated dividends?
c) Prepare worksheet entry D for this situation.
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