Hardin Park Company Had These Transactions Pertaining to Stock Investments

question 278

Multiple Choice

Hardin Park Company had these transactions pertaining to stock investments Feb. 1 Purchased 2,500 shares of Raley Company (10%) for $44,500 cash.
June 1 Received cash dividends of $1 per share on Raley stock.
Oct) 1 Sold 1,000 shares of Raley stock for $19,500.
Dec) 1 Received cash dividends of $2 per share on Raley stock.
The entry to record the receipt of the dividends Dec. 1 would include a

• A) debit to Stock Investments of $3,000.
• B) credit to Dividend Revenue of $3,000.
• C) debit to Dividend Revenue of $3,000.
• D) credit to the Stock Investments of $3,000.

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Definitions:

Computer-Mediated Communication

The exchange of messages between two or more individuals through the use of digital devices or platforms, such as emails, chat rooms, or social media.

Face-to-Face Interaction

Direct communication between individuals physically present in the same location, allowing for immediate feedback and nonverbal cues.

Tidwell And Walther

Scholars known for their contributions to the field of computer-mediated communication, emphasizing the dynamics of online interactions.

Cues-Filtered-Out

A theory suggesting that nonverbal cues are minimized or absent in mediated communication, affecting interpersonal interaction.