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On October 31, Mayfair Co received cash dividends of $0.15 per hare from its investment in Carter Corps common stock. Mayfair owned 1,200 shares of
On October 31, Mayfair Co received cash dividends of $0.15 per hare from its investment in Carter Corps common stock. Mayfair owned 1,200 shares of Carter Corps stock on October 31. The investment is considered available for sale. Prepare the investor's journal entry to record the receipt of the cash dividends
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Financial Accounting For OHADA Member States Volume 1
Authors: Michael Forzeh Fossung
1st Edition
3330328037, 978-3330328037
