Question
When a company receives a cash dividend from equity securities with insignificant influence, the journal entry is: A. debit to Investment in Equity Securities and
When a company receives a cash dividend from equity securities with insignificant influence, the journal entry is:
A. debit to Investment in Equity Securities and credit Cash.
B. debit to Cash and credit to Dividend Revenue.
C. debit to Dividend Revenue and credit to Cash.
D. debit to Cash and credit to Investment in Equity Securities.
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Disruption In The Audit Market
Authors: Krish Bhaskar, John Flower
1st Edition
0367220660, 978-0367220662
