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Under the Equity Method of Accounting, the Investor Will

Question 65

Multiple Choice

Under the equity method of accounting, the investor will:


A) reduce the Investment account for investee dividends and increase the Investment account to record investee income
B) reduce the Investment account to record dividends and income of the investee
C) increase the Investment account to record dividends and income of the investee
D) increase the Investment account for investee dividends, and reduce the Investment account to record investee income

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