Multiple Choice
Under the equity method,
A) the receipt of dividends from the investee results in an increase in the investment account.
B) the receipt of dividends from the investee results in a credit to the Dividend Revenue account.
C) the receipt of dividends from the investee results in an increase in the investment account and a credit to the Dividend Revenue account.
D) the receipt of dividends from the investee reduces the carrying amount of the investment account.
Correct Answer:

Verified
Correct Answer:
Verified
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