The Parent Company Records the Receipt of Shares from a Subsidiary's

question 26

Multiple Choice

The parent company records the receipt of shares from a subsidiary's stock dividend as:

• A) dividend income.
• B) a reduction of the investment account.
• C) an increase in the investment account.
• D) none of these.

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Definitions:

Agriculture

The practice of cultivating the soil, growing crops, and raising livestock for human consumption and use.

Productive Sectors

Parts of the economy that are directly involved in producing goods and services, contributing to the economic output.

19th Century

The 19th Century denotes the period from January 1, 1801, through December 31, 1900, marked by significant industrial, cultural, and political changes globally.

American Farmer

The term "American Farmer" refers to individuals in the United States who engage in agricultural activities, contributing to the production of food and other agricultural products.