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Harrison Harrison
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Posts: 626
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6 years ago
If an investor company owns between 20% and 50% of the common shares of another business, cash dividends received from the investee company are generally recorded by the investor company by:
A) increasing the value of the investor's Investment account
B) increasing the Dividend Revenue account
C) decreasing the value of the investor's Investment account
D) decreasing the investor company's Common Shares account
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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6 years ago
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