Question
11. Under the equity method of accounting for investments, an investor recognizes its share of the earnings in the period in which the a. investor
11.
Under the equity method of accounting for investments, an investor recognizes its share of the earnings in the period in which the
| a. | investor sells the investment | |
| b. | investee declares a dividend | |
| c. | investee pays a dividend | |
| d. | earnings are reported by the investee in its financial statements |
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Introduction To Accounting
Authors: Peter Scott
2nd Edition
0198849966, 978-0198849964
