The Following Information Pertains to Questions

question 43

Short Answer

The following information pertains to questions
On January 1,2000,X Inc.purchased 12% of the voting shares of Y Inc for $100,000.The investment is reported at cost.X does not have significant influence over Y.Y's net income and paid dividends for the following three years are as follows:
-Which of the following journal entries would have to be made to record X's share of Y's dividends paid for 2001?

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Definitions:

A-not-B Error

A cognitive error observed in infants where they continue to reach for an object at a place where it was last found (A) rather than its new location (B).

Infant Memory

The capacity of infants to encode, store, and retrieve information experienced early in life.

Preferential Looking

A research methodology based on the observation that infants will look longer at more interesting or complex visual stimuli, used to assess vision and cognitive processing.

Accommodation

In cognitive development, the process by which an individual modifies existing cognitive schemas, perceptions, and understandings to make new information fit.