solved : textA. Red Ltd owns 100% of the share capital and is the pa

  

textA. Red Ltd owns 100% of the share capital and is the parent company of Blue Ltd. The company tax rate is30%. Blue Ltd declared a ?nal dividend of $25,000 out of the current year’s operation pro?t. The dividend willbe paid in the following period. Red Ltd. records income when it is declared. Required: Prepare th… Show more… Show moreBusiness Accounting BAO 2203

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