[Solved] Explain the difference between an enveloped virus and a naked virus. Dividend Payable: A liability recorded on a company's balance sheet for dividends that have been declared but not yet paid to shareholders. Dividend Receivable: The amount due to shareholders from declared dividends by the company in which they hold shares, recognized as an asset on the balance sheet until paid. Elimination: The process of removing intercompany transactions when consolidating financial statements of a group. Consolidation: The process of combining the financial statements of multiple subsidiaries with those of the parent company to present as a single entity.