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LO3. How are investments in equity securities accounted for? a) To journalize for the investment in equity securities with no significant influence in the
LO3. How are investments in equity securities accounted for? a) To journalize for the investment in equity securities with no significant influence in the investee company, the debit entry would be to and the credit entry would be to b) To journalize for the receiving of a cash dividend on an equity security with no significant influence in the investee company, the debit entry would be to would be to and the credit entry and the credit c) To journalize for the investment in equity securities with 30% ownership and significant influence in the investee company, the debit entry would be to entry would be to d) To journalize for the receiving of a cash dividend on an equity security with 30% ownership and significant influence in the investee company, the debit entry would be to the credit entry would be to and ith this handout
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