A Company Received Dividends of $0

question 32

True/False

A company received dividends of $0.35 per share on 300 shares of stock it holds as an investment. The journal entry to record this transaction would be to debit Cash for $105 and credit Dividend Revenue for $105.

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Definitions:

Distributive Fairness

The perceived fairness of the outcomes received, including resources and rewards, within an organization or social system.

Emotional Contagion

The phenomenon where emotions and behaviors can be transferred from one person to another, often unconsciously, leading to shared feelings or mimics in groups.

Tendency

An inclination towards a particular characteristic or type of behavior.

Emotions

Complex psychological states that involve a subjective experience, physiological response, and behavioral or expressive response.