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on 9 ed 09. Use the information in question 6 and assume that Green Energy does not have significant influence over the operations of EEC.

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on 9 ed 09. Use the information in question 6 and assume that Green Energy does not have significant influence over the operations of EEC. In addition, Green Energy classifies its investment in EEC as trading securities. The fair value of Green Energy's investment in EEC was $570 million on 12/31/2018 and the fair value adjustment account balance was a debit of $20 million prior to the fair value adjustment on 12/31/2018. What is the journal entry to record Green Energy's receipt of cash dividend for 2018? out of n 2,000,000 2,000,000 8,000,000 Select one: O a. Equity Investments Dividend Revenue O b. Equity Investments Dividend Revenue c. Cash Dividend Revenue O d. Cash Equity Investments 8,000,000 8,000,000 8,000,000 18,000,000 8,000,000 10 10. Using the information in question 9, what is the fair value adjustment entry for Green Energy on 12/31/2018? . ut of 70,000,000 70,000,000 50,000,000 Select one: O a. Fair Value Adjustment Unrealized Holding Gain or Loss ob Fair Value Adjustment Unrealized Holding Gain or Loss O c. Unrealized Holding Gain or Loss Fair Value Adjustment O d. Unrealized Holding Gain or Loss Fair Value Adjustment 50,000,000 50,000,000 50,000,000 70,000,000 70,000,000

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