When a Company Receives a Cash Dividend from a Trading

question 31

Multiple Choice

When a company receives a cash dividend from a trading investment, the journal entry includes:

• A)a debit to cash and credit to dividend revenue.
• B)a debit to dividend revenue and credit to cash.
• C)a debit to cash and credit to trading investment.
• D)none of the above.

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Definitions:

Data Source

An origin from which data is obtained, such as databases, surveys, or experiments.

Sociogram

A visual representation or diagram that maps the relationships within a group, often used to identify social dynamics and connections.

Semantic Differentials

A research method that uses a scale to measure the connotative meaning of objects, concepts, or events.

Group Cohesion Scale

A tool or measure designed to determine the strength and unity of relationships within a group.