Dividends received from stock that is reported as investment in marketable equity securities in the balance sheet
Question:
Dividends received from stock that is reported as investment in marketable equity securities in the balance sheet are reported as which of the following?
a. An increase to cash and a decrease to the investment in marketable equity securities account.
b. An increase to cash and an unrealized gain on the balance sheet.
c. An increase to cash and an increase to dividend revenue.
d. An increase to cash and an unrealized gain on the income statement.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
The correct answer is b It would record the investment at cost with no further adjustment when an in...View the full answer
Answered By
Santosh Reddy
I have been a tutor for over 10 years. I have experience working with students of all ages, from elementary school to college. I have also tutored students with different learning styles and abilities. I am familiar with a variety of subjects, including math, science, English, history, and Spanish. I am able to adapt my teaching style to meet the needs of each individual student. I am patient and supportive, and I strive to help my students succeed.
I believe that one of the most important aspects of tutoring is the ability to build a rapport with the student. I work to create a positive and supportive learning environment where the student feels comfortable asking questions and seeking help. I also believe that it is important to be flexible and accommodating to the student's needs. I am willing to adjust my schedule and meeting times to ensure that the student is able to get the help they need.
I am confident in my ability to help students improve their grades and succeed in their studies. I have a proven track record of success, and I am committed to helping my students reach their goals. If you are looking for a tutor who is experienced, knowledgeable, and supportive, then please contact me. I would be happy to discuss your needs and how I can help you achieve success.
0 Reviews
10+ Question Solved
Related Book For 
Fundamentals Of Financial Accounting
ISBN: 9781265440169
7th Edition
Authors: Fred Phillips, Shana Clor Proell, Robert Libby, Patricia Libby
Question Posted:
