Multiple Choice
Use the following information to answer questions
Lacey Inc. reported these transactions relating to marketable trading investments intended to generate profits and to be sold in the near term: 
-The entry to record the receipt of the dividends on December 1 would include a
A) credit to Dividend Revenue for $600.
B) credit to Trading Investments for $600.
C) credit to Dividend Revenue of $1,000.
D) credit to Realized Gain for $1,000.
Correct Answer:
Verified
Correct Answer:
Verified
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