Under the Cost Method Dividends Received from an Investee Company

question 182

Short Answer

Under the cost method dividends received from an investee company are credited to the _______________ account whereas under the equity method dividends received from an investee company are credited to the _______________ account.

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Definitions:

Vomeronasal Organ

An auxiliary olfactory sense organ that is found in many animals and is believed to be involved in detecting pheromones.

Pheromones

Chemical substances produced and released into the environment by animals, affecting the behavior or physiology of others of its species.

Prey Killing

The act exhibited by certain animals of hunting and killing other animals for food.

Receptor Neurons

Specialized nerve cells that respond to chemical and physical stimuli in the environment, sending signals to the brain.