Brighton Beach Limited Owns 40% of Alberta Based Inc

question 100

Multiple Choice

Brighton Beach Limited owns 40% of Alberta Based Inc.Total cash dividends paid by Alberta Based Inc.for the year ending December 31,2017,amount to $47,919.The journal entry prepared by Brighton Beach Limited on December 31,2017,includes a:

• A) debit to Cash for $47,918
• B) credit to Dividend Revenue for $19,168
• C) credit to Long-Term Investment for $19,168
• D) debit to Long-Term Investment for $19,168

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Influenza

A highly contagious viral infection that attacks the respiratory system, commonly known as the flu.

Allergy

An immune system reaction to a foreign substance, such as pollen, food, or pet dander, that doesn't cause a response in most people.

Moderate Cough

A cough that is not severe but persists, possibly indicating a mild or developing health issue.

Common Cold

A viral infection of the upper respiratory system, characterized by congestion, runny nose, and sneezing.