Multiple Choice
If an investor company owns 35% of the common stock of another business,income received from the investee company are generally recorded by the investor company by:
A) decreasing the investor company's Common Stock account.
B) increasing the value of the investor's Equity-Method Investment account.
C) increasing the Dividend Revenue account.
D) decreasing the value of the investor's Equity-Method Investment account.
Correct Answer:
Verified
Correct Answer:
Verified
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