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Under the equity method, the investor records dividends received by crediting: a. Investment Income. b. Revenue from Investment. c. Dividend Revenue. d. Stock Investments. If

Under the equity method, the investor records dividends received by crediting:

a.

Investment Income.

b.

Revenue from Investment.

c.

Dividend Revenue.

d.

Stock Investments.

If a short-term debt investment is sold, the Investment account is

a.

credited for the fair value of the bonds at the sale date.

b.

debited for the cost of the bonds at the sale date.

c.

debited for the fair value of the bonds at the sale date.

d.

credited for the cost of the bonds at the sale date.

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