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Question - Blackpink Company received dividends from ordinary share investments during the current year as follows:
A stock dividend of 10,000 shares from NTC Company in which the entity owned a 10% interest.
A cash dividend of P1,500,000 from NTC Company in which the entity owned a 15% interest.
A property dividend of ordinary share of BTS Company 10,000 with a market price of P100 per share which Blackpink Company has 10% interest.
Required - What amount of dividend revenue should be reported for the current year?
Financial Statement Analysis and Preparation
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