An Investor Receives a Cash Dividend from a Long-Term Available-For-Sale

Multiple Choice

An investor receives a cash dividend from a long-term available-for-sale investment. Which journal entry is required?

A) a debit to Cash and a credit to Dividend Revenue
B) a debit to Cash and a credit to Interest Revenue
C) a debit to Cash and credit to Investment in Available-for-Sale Securities
D) a debit to Cash and credit to Interest Receivable