The equity method requires dividend income to be recorded as: a. an investment account increase. b. an

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The equity method requires dividend income to be recorded as:

a. an investment account increase.

b. an investment account decrease.

c. statement of earnings revenue.

d. an increase in retained earnings.

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Cornerstones Of Financial Accounting

ISBN: 9780176707125

2nd Canadian Edition

Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone

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