What the nci share of the dividend payable should be

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Problem 1: Riverina Ltd acquired 75% of the issued shares of Image Ltd. During the year ended 30 June 2021, Image Ltd declared a dividend of $30,000. The NCI's share of the dividend payable should be:

Option 1: added to the NCI's shares in equity.
Option 2: included in the consolidated statement of financial position as a current liability
Option 3: eliminated together with parent entity's share, leaving a zero balance in dividend payable account.
Option 4: presented as a current liability in the parent entity's book

Reference no: EM132994553

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