If the cost method is used to account for an investment in common stock, dividends received should be recorded only when 20% or more of the stock is owned. debited to the Stock Investments account. credited to the Dividend Revenue account. credited to the Stock Investments account.

Question

Brooke2015 Brooke2015

01-07-2021
Business

Answered

Explore Westonci.ca, the leading Q&A site where experts provide accurate and helpful answers to all your questions. Join our Q&A platform to get precise answers from experts in diverse fields and enhance your understanding. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

If the cost method is used to account for an investment in common stock, dividends received should be recorded only when 20% or more of the stock is owned. debited to the Stock Investments account. credited to the Dividend Revenue account. credited to the Stock Investments account.

Sagot :

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.

Drag the numbers below to put them in order from least to greatest:[tex]\[ \begin{array}{llllll} -4 & -1 & -9 & -19 & -3 & 3 \end{array} \

Lastseason Sam'steamScored 70 goats in 24 match-season they-es.This36 in 15 matches.ScoredWork out the mean number ofgoals per match for eachseasons

Chapter Exam 1¿Cuál de las siguientes afirmaciones es correcta acerca de una compañía de seguros recíproca?A. Permite a las personas y corporaciones autoasegura

Given the following data set, find an exponential regression model.\begin{tabular}{|l|l|}\hline[tex]$x$[/tex] & [tex]$y$[/tex] \\\hline2 & 1 \\\hline3 &

What error message might you encounter when the SSM agent is unable to connect to a Systems Manager endpoint to register itself with the service?

( 4, - 1 ) is a solution to the system of equations below: ( 1 / 2 ) x − 2y = 4 2x 4y = 16 Question 19 Select one: True False \

what procedures might a medical assistant perform that would put them at risk for exposure to hepatitis select all that apply

The area where the audience sat in Greek theatres was called the "theatron." What is the translation of that word?A. hearing placeB. theatre placeC. audienceD.

Recall Tolman's latent learning experiments in which rats learned to run a maze. What was the critical result?A. Rats that were never reinforced never learned t

Question 4 of 15Look for a pattern in this sequence of numbers. What do you think the next number in the sequence will be?[tex]\[ 21, 20, 18, 15, 11 \][/tex]A.

Parrain Parrain · Answer 1 · 2021-07-03T21:32:24-04:00

Answer: credited to the Dividend Revenue account.

Explanation:

If a company is using the cost method is used to account for an investment in common stock, then that common stock should be treated as an asset. This means that dividends that come from that company will be seen as revenue so this would be recorded in the dividend revenue account.

It will be accounted for in the cashflow statement of the company as either investing cashflow or operating. This would depend on if the company is using IFRS or U.S. GAAP.

Sagot :

Other Questions