QUESTION 4 Parker Company owns 83% of the outstanding stock of Tadeo Company. Parker Company is referred to as the parent minority interest affiliate subsidiary QUESTIONS Blanton Corporation purchased 17% of the outstanding shares of common stock of Worton Corporation as a long- term investment. Subsequently, Worton Corporation reported net income and declared and paid cash dividends. What journal entry would Blanton Corporation use to record the purchase of Worton Corporation common stock? debit Investment in Worton Corporation; credit Cash O debit Cash; credit Dividend Revenue O debit Investment in Worton Corporation; credit Income of Worton Corporation Odebit Cash; credit Investment in Worton Corporation QUESTION If the bonds are purchased between interest dates, the purchase price includes accrued interest since the last interest payment. True