Question

When using the equity method to account for an investment, cash dividends received by the investor...

When using the equity method to account for an investment, cash dividends received by the investor from the investee should be recorded:

Multiple Choice

  • As a reduction in the investment account.

  • As an increase in the investment account.

  • As dividend income.

  • As a contra item to stockholders' equity.

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When using the equity niethod to account for an investment ; cash dividends received by the investore from the investee shoul

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