Pravis Corporation Owns 30% of Kuster Corporation

question 159

Multiple Choice

Pravis Corporation owns 30% of Kuster Corporation.Pravis Corporation received $9,000 in cash dividends from Kuster Corporation.The entry to record receipt of these dividends is:

• A)Debit Cash,$9,000; credit Equity Method Investments,$9,000.
• B)Debt Equity Method Investments,$9,000; credit Cash,$9000.
• C)Debit Cash,$9,000; credit Interest Revenue,$9,000.
• D)Debit Unrealized Gain-Equity,$9,000; credit Cash,$9,000.
• E)Debit Cash,$9,000; credit Dividend Revenue,$9,000.

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Definitions:

Anger Control

The ability to recognize the signs that you're becoming angry and taking action to calm down and deal with the situation in a positive way.

Coping Strategies

Techniques or methods that individuals use to manage stress, difficult emotions, or challenging situations.

Intermittent Explosive Disorder

A behavioral disorder characterized by extreme expressions of anger, often to the point of uncontrollable rage, disproportionate to the situation at hand.

Age of Onset

The age at which symptoms of a disease or disorder first appear or when an individual is first diagnosed.