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166 Segmental Manufacturing owns 38% of Glesson Corp. stock. Glesson pays a total of $50,000 in cash dividends for the period. Segmental's entry to record
166 Segmental Manufacturing owns 38% of Glesson Corp. stock. Glesson pays a total of $50,000 in cash dividends for the period. Segmental's entry to record the dividend transaction would include a: Skipped Multiple Choice 0 Credit to Investment Revenue for $50,000. 0 Credit to Long-Term Investments for $19,000. 0 Credit to Cash for $19,000. 0 Debit to Cash for $50,000. 0 Debit to Long-Term Investments for $19,000
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