Solved

Under the Equity Method

Question 74

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions