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what will be the effect of the net income reported by an investee on the investment account of the investor? The investment account will increatise.
what will be the effect of the net income reported by an investee on the investment account of the investor?
The investment account will increatise.
The investment accoumt hatance will be replaced by net income.
The investment account will decrease.
The investment account willithot be affected.
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
