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Player Company purchased Carter Co. stock as an investment. Available accounts: Cash Investment Co. in Carter Stock Dividends Revenue Investment Income Facts: Percent of outstanding
Player Company purchased Carter Co. stock as an investment. Available accounts: Cash Investment Co. in Carter Stock Dividends Revenue Investment Income Facts: Percent of outstanding Carter shares owned by Player Dividend amount declared (for ALL shareholders) on December 31 35% $850,000 Joumalize Player's entry to record the receipt of the dividend payment. Use only cell references formulas in the Account, Debit, and Credit columns. The amount formula should work for not only the amounts given, but also if those amounts provided were different. Date Account Debit Credit 12/31
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