Not yet answered Marked out of 1.00 P Fla The purpose of depreciation accounting is to: Oresto 3 Note P Poundcake Company owns 10.000 shares (10% of total shares of Joshua Inc Joshua declares and pays a cash dividend of $0.50 per shart. Poundcake first records dividends when cash received Upon receipt of the cash dividend watentry should Poundcake make? Select one