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Uuestion 1 Masonry Construction Group paid AED 10,000 for a plant asset that had a market value of AD14500 whicho should the plant asset be

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Uuestion 1 Masonry Construction Group paid AED 10,000 for a plant asset that had a market value of AD14500 whicho should the plant asset be recorded? 12 12 18 Select one: 14.500 20.000 5000 10,000 Question 2 Not yet answered Marked out of 2.00 P Flag question Gaines Corporation invested $114,000 to acquire 24,000 shares of Owens Technologies, Inc. on March 1, 2018. On July 2. 2015. Owens pays a cash dividend of $3.25 per share. The investment is classified as equity securities with no significant influence. Which of the following is the correct journal entry to record the transaction on July 2, 2019? Select one: 78,000 Cash Equity Investments 78,000 78,000 Equity Investments Cash 78,000 78,000 Cash Retained Earnings 78,000 78,000 Cash Dividend Revenue 78,000

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