Receiving a Cash Dividend from an Available-For-Sale Investment Requires the Following

Multiple Choice

Receiving a cash dividend from an available-for-sale investment requires the following journal entry:

A) a debit to Cash and a credit to Dividend Revenue.
B) a debit to Cash and a credit to Unrealized Gain on Investments.
C) a debit to Unrealized Gain on Investment and a credit to Dividend Revenue.
D) no journal entry. Investor makes a memorandum entry in the accounting records.