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5 A corporation using the equity method of accounting for its investment in a 40% owned investee,which earned $20,000 and paid $5,000 in dividends ,the
5
A corporation using the equity method of accounting for its investment in a 40% owned investee,which earned $20,000 and paid $5,000 in dividends ,the credit side of recording the income from subsidiary will be
Select one: a. investment b. income c. cash d. no entry
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