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March 1, 2018 On July 2, 2019, Owens pays a cash dividend of $3.00 Gaines Corporation invested $100,000 to acquire 25,000 shares of Owens Technologies,

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March 1, 2018 On July 2, 2019, Owens pays a cash dividend of $3.00 Gaines Corporation invested $100,000 to acquire 25,000 shares of Owens Technologies, Inc. on icant influence. Which of the following is the correct jounal entry to record the transaction on Juty share. The investment is classified as equity securities with no sigri 2, 2019? O A. Cash O B. Cash O C. Cash Equity Investments Retained Earnings Dividend Revenue 75,000 75,000 75,000 75,000 75,000 75,000 75,000 75,000 OD. Equity Investments Cash

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