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When a dividend in the amount of $10,000 is declared (ie, promised, but the cash has not been received yet) on a security a firm
When a dividend in the amount of $10,000 is declared (ie, promised, but the cash has not been received yet) on a security a firm owns that is classified as "available for sale," the firm should do which of the following: 2. Increase Cash by $10,000 and increase Dividend Income by $10,000. O. Increase investment in Security by $10,000 and increase Accumulated comprehensive Income by $10,000 o Increase Dividend Receivable by $10,000 and increase Dividend Income by $10,000. Od Should do nothing until the dividend payment (cash) actually arrives
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