If Posthorn Corporation Accounts for Its Investment in Stamp Company$$\begin{array} { | l | l | l | }
\hline & \text { Debit } & \text { Credit } \
\hline \text { Cash } & \$ 16,000 & \
\hline \text { Dividend Income } & & \$ 16,000 \
\hline
\end{array}$$

Question

If Posthorn Corporation Accounts for Its Investment in Stamp Company$$\begin{array} { | l | l | l | } 
\hline & \text { Debit } & \text { Credit } \
\hline \text { Cash } & \$ 16,000 & \
\hline \text { Dividend Income } & & \$ 16,000 \
\hline
\end{array}$$

Examlex · Accepted Answer

The Answer of If Posthorn Corporation Accounts for Its Investment in Stamp Company$$\begin{array} { | l | l | l | } 
\hline & \text { Debit } & \text { Credit } \
\hline \text { Cash } & \$ 16,000 & \
\hline \text { Dividend Income } & & \$ 16,000 \
\hline
\end{array}$$

If Posthorn Corporation Accounts for Its Investment in Stamp Company

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