on september 1,2020 jacob ltd. purchased 100,000 vommon shares for a 15% interest in blue sky drilling corporation for $15 per share, and paid $7000 brokerage commision for the purchase. jacob ltd. intends to hold this investment for several years and dies not have significant influenece over blue sky drilling. the market value of the bluesky drilling shares at december 31,2020 is $19 per share. on febrary 15, 2021bluesky drilling distributed a total dividend to its shareholders of$50000. jacob ltd. sold one half of the shares on june 30,2021 for$16 per share. which of the following is correct journal entry to record the recipt of the dividend on the books of jacob ltd?

On September 1, 2020 Jacob at purchased 100.000 common shares for a 15 Westines Dating Corporation for 515 per star and pada 17000 trore common for the purchase Jacob intends to hold the investment for several years and does not have significance over By Deding the market of the way in shares of December 31, 2020, 518 per ure Ofebrwy 15,2021 Bluesky Drilling din buted a total divided to its shareholders of $50.000 Jacobsd sold half of the shares on 30, 2001 for $10 per har Which of the following is the correctly to record the recent of the divided on the books of Jacob 50.000 10 000 10.000 Dividends Payable Cash OB Cash Dividend Revenge . Cash investment Blue Sky Ding Common Sham OD Long Terms Didend 10.000 10.000 10 000 10.000 10 000 OA Dividends Payable 50,000 Cash 50,000 OB Cash 10,000 Dividend Revenue 10,000 OC. Cash 10,000 Investment in BlueSky Drilling Common Shares 10 000 OD Long-Term Investments Dividend Revenue 10.000 10,000