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Company A owns 3 0 % of the stock of Company B . During the year Company B reports a net loss of $ 1
Company A owns of the stock of Company B During the year Company B reports a net loss of $ Record the journal entry for Company As portion of the loss.
tableAccount Title,Debit,Credit
Company B announced and paid a cash dividend of $ Record the journal entry that would be mad by Company A for this transaction.
tableAccount Title,Debit,Credit
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