The Norfolk Pine Co purchased 10,000 shares of Peperomia Ginny.inc on July 1 at a cost of $10 per share on December 1. Mentor share. Norfolk Pine's entry to record this transaction will include a debit to Common Stock for $12,000. credit to Common Stock for $10,800. credit to Stock Investment for $10,800. credit to Stock Investment for $12,000. 167 points Dividends received under the equity method of accounting (for stock ownership between 20% and 50%) would be recorded with a o credit to Cash credit to Dividend Revenue. debit to Stock Investment credit to Stock Investment