How to calculate the profit distribution of wholly-owned subsidiaries

Accounting treatment from the perspective of subsidiaries: when the distribution is announced,

Borrow: profit distribution-undistributed profit,

Loan: Profit Distribution-dividend payable.

Borrow: Profit Distribution-dividend payable,

Loan: dividend payable.

When actually paying dividends to the outside world,

Borrow: dividend payable,

Loan: bank deposit.

Accounting treatment from the perspective of parent company;

When the subsidiary announced the dividend,

Debit: dividends receivable,

Loan: investment income.

When the dividend is actually received,

Debit: bank deposit,

Credit: Dividends receivable.