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5 Roe Corporation owns 2,000 shares of WRJ Corporation stock. WRJ Corporation has 25,000 shares of stock outstanding. WRJ paid $4 per share in cash
5 Roe Corporation owns 2,000 shares of WRJ Corporation stock. WRJ Corporation has 25,000 shares of stock outstanding. WRJ paid $4 per share in cash dividends to its stockholders. Roe's entry to record the receipt of these dividends is: 00:09:28 Multiple Choice Debit Cash, $8,000, credit Interest Revenue, $8,000. Debit Unrealized Gain-Equity, $8,000, credit Cash, $8,000 Debit Cash, $8,000, credit Long-Term Investments, $8,000 Debit Cash, $8,000, credit Dividend Revenue, $8,000. Debt Long-Term Investment, $8,000, credit Cash, $8,000. S
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