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At the beginning of 20X1,Anwar Ltd.acquired 15% of the voting shares of Cruz Co.for $150,000.Anwar does not have any significant influence over Cruz.Anwar reports the investment using the cost method.In 20X1,Cruz earned net income of $70,000 and paid dividends of $40,000.In 20X2,Cruz earned net income of $80,000 and paid dividends of $100,000.At the end of 20X2,what journal entry should Anwar make to record its share of Cruz's net income?
Chlordiazepoxide
A medication belonging to the benzodiazepine class used to treat anxiety disorders, alcohol withdrawal symptoms, and muscle spasms.
CT Scan
An imaging procedure that uses computer-processed combinations of many X-ray measurements taken from different angles to produce cross-sectional images of specific areas of a scanned object, allowing the user to see inside the object without cutting.
Multiple Infarcts
Refers to the occurrence of multiple areas of tissue death due to the lack of blood supply, often related to strokes or heart attacks.
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