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If the Equity Method Is Being Used, Cash Dividends Received

Question 108

Multiple Choice

If the equity method is being used, cash dividends received


A) are credited to the Dividend Revenue account.
B) require no entry because investee net income has already been recorded at the proper proportion on the investor's books.
C) are credited to the Stock Investments account.
D) are credited to the Revenue from Investment in Stock account.

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