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A company owns 500 shares of a company whose total outstanding stock is 1,500 shares. When they received a $500 dividend, they made this journal

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A company owns 500 shares of a company whose total outstanding stock is 1,500 shares. When they received a $500 dividend, they made this journal entry they are using the Equity Method: DI Ci Cast 500 Investment in Stock 500 This is correct The correct answer is delat Cat Score Dividend Revenue 500 the wing the cost method) There wer is de wesent in Stock 500 investment Income 500 they wing the fourty method The correct answer is de westment in Stockscredit Dividend Income 500 the sing the Couto

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