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15) Ashbrook Services, Inc. acquired 126,000 shares of Gamma Metals, Inc on Janvuary 1,23017. Gamm declares a cash dividend of $2.25 per share on February

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15) Ashbrook Services, Inc. acquired 126,000 shares of Gamma Metals, Inc on Janvuary 1,23017. Gamm declares a cash dividend of $2.25 per share on February 15, 2017 and pays the cash dividend on Mash 2, 2017 with the current investment Ashbrook Services, Inc. holds 11% of Gamma's the following will be the correct journal entry for the day when the dividend pyment is made March 2 2017)? voting sock which of as 283 283 Long-term Investments-Trading Investments 283 am sh Long-term Investments-Available-for-Sale C) No Entry 283 283 Dividend Revenue tas navs S2 00,000 to acquire 30% (200,000 shares) of voting stock of Grey Investme luulones and pays a cash dividend of $4.4 per share on to acquire 30%aresand pays aca tien gn June 14,2017

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