How is the receipt of a dividend recorded under the equity method? Under the cost method?
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Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Related Book For
Advanced Financial Accounting
ISBN: 978-0078110924
9th edition
Authors: Richard Baker, Theodore Christensen, David Cottrell
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