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 Investment account.
C) increasing the Dividend Revenue account.
D) decreasing the value of the investor's Investment account.
Correct Answer:

Verified
Correct Answer:
Verified
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