Assume That Oslo Corp

question 31

Multiple Choice

Assume that Oslo Corp. acquires 30% of Celdon Corp. for $360,000 on January 1, 2017. If Celdon declares and pays $120,000 in total dividends on February 14th, the journal entry would include a credit to

• A) Dividend Revenue for $120,000.
• B) Dividend Revenue for $36,000.
• C) Stock Investments for $36,000.
• D) No entry is necessary.

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Definitions:

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The extent to which employees feel passionate about their jobs, are committed to the organization, and put discretionary effort into their work.

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Enduring characteristics that describe an individual's behavior, attitude, and emotional responses, which are consistent over time and across different situations.