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Which of the following journal entry formats is appropriate under the equity method of accounting to record the parent company's share of a subsidiary's dividend
Which of the following journal entry formats is appropriate under the equity method of accounting to record the parent company's share of a subsidiary's dividend declaration? a. Intercompany Dividends ReceivableXXX Investment in Subsidiary Common Stock XXX b. CashXXX Intercompany Dividend Revenue XXX c. Intercompany Dividends ReceivableXXX Intercompany Dividend Revenue XXX d. Investment in Subsidiary Common StockXXX Intercompany Dividend Revenue XXX A)Entry A B)Entry B C)Entry C D)Entry D
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