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LTI Corp purchased 1,000 shares as a shod-term invested (no significant influence) for $25,000 on January 4 Duning LTs fecal year the company received a
LTI Corp purchased 1,000 shares as a shod-term invested (no significant influence) for $25,000 on January 4 Duning LTs fecal year the company received a cash dividend of $0.50 per share. The entry to record the dividend should include a OA cede to investment Revenue for $5,500 OB deb to Short-Term lovestment he $50,000 Oc. det to Dividend Revenue for $50,000 OD crede to Dividend Revenan for $500
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