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Harrison Harrison
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Posts: 626
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6 years ago
Under the equity method of accounting for investments, dividends paid by the investee are recorded by the investor as:
A) a credit to Dividend Revenue of the investor company
B) a debit to the Investment account of the investor company
C) a credit to the Investment account of the investor company
D) no entry is made to record dividends in this accounting situation
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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TheSinTheSin
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Posts: 380
6 years ago
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Harrison Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Thanks
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2 hours ago
Helped a lot
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