Zhang Corp

question 40

Multiple Choice

Zhang Corp. owns 40% of Magnor Company's common stock. Magnor pays $97,000 in total cash dividends to its shareholders. Zhang's entry to record this transaction should include a:

• A) Credit to Long-Term Investments for $38,800.
• B) Debit to Dividends for $38,800.
• C) Credit to Cash for $97,000.
• D) Debit to Long-Term investments for $97,000.
• E) Debit to Dividends for $97,000.

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Definitions:

Aseptic Technique

A set of specific practices and procedures performed under carefully controlled conditions with the goal of minimizing contamination by pathogens.

Serrations

Jagged or toothlike edges on objects such as knives or saw blades, enhancing cutting efficiency.

Speculum

A medical tool used to hold open a body cavity or canal for examination purposes.

Retractor

A surgical instrument used to hold back underlying organs and tissues, so that body parts under operation are easily accessible.