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Match the following Investment Terms of Precentage with the definition below A term maybe used more than once 1 Noninfluential and noncontrolling investment 2 Infuential
Match the following Investment Terms of Precentage with the definition below A term maybe used more than once 1 Noninfluential and noncontrolling investment 2 Infuential but noncontrolling investment 3. Controlling investment Own Between 20% and 50% Choose Recorded at cost cost adjusted for change in Market Value Choose When the investor receives a cash dividend, the asset account Cash is increased, and the Investment account is decreased Choose The difference between the sale price and the cost of the stock is recorded and reported as a realized gain or loss on the income statement Dividend income from such investments is recorded by a debit to Cash and a credit to Dividend Income Choose The investing company is the parent company Choose Own Less than 50% but more than 20% Choose Subsidary of a company Choose The investor records its share of the company's periodic net income as an increase in the Investment account, with a corresponding credit to an income account Similarly, it records is share of a periodic loss as a decrease in the lovestment account, with a corresponding debit to a less account Initially recorded at Cosi bul Equity method used to adjusted for investor's share of net income or loss and for dividends received Choose Choose Financial statements Consolidated Choose Own More than 50% Choose Own Less than 20% Choose
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