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Under the cost method, the investment account is reduced when a. the subsidiary declares a cash dividend. b. the subsidiary incurs a net loss. c.
Under the cost method, the investment account is reduced when
a. the subsidiary declares a cash dividend.
b. the subsidiary incurs a net loss.
c. none of these.
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve
9th Edition
0324381921, 978-0324381924
