Question: > Question 7 1 pts Red Ltd owns all the shares in Blue Ltd. On 30 June 2019 Blue Ltd has dividend declared of $25,000

 > Question 7 1 pts Red Ltd owns all the shares

> Question 7 1 pts Red Ltd owns all the shares in Blue Ltd. On 30 June 2019 Blue Ltd has dividend declared of $25,000 and dividend paid of $3.000, while Red Ltd has dividend declared of $48,000 and dividend paid of $53,000. What consolidation adjusting entry is required to the dividend revenue account on 30 June 2019? No consolidation entries are required O Dr Dividend revenue $32,000 O Dr Dividend revenue $25,000 O Dr Dividend revenue $57,000

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