Thivan Ltd $$\begin{array} { | l | c | } \hline \text { DR Cash } & 100,000 \\\hline \text { CR Investment in Thivan } & 100,000 \\\hline\end{array}$$

question 30

Multiple Choice

Thivan Ltd. is a wholly-owned subsidiary of Bateman Co. Thivan has declared dividends of $100,000.
- Bateman uses the equity method to record this investment and has properly reflected Thivan's dividend declaration on its books. What journal entry should Bateman make when it receives the dividends?

• A) \[\begin{array} { | l | c | }
• \hline \text { DR Cash } & 100,000 \\
• \hline \text { CR Investment in Thivan } & 100,000 \\
• \hline
• \end{array}\]
• B) \[\begin{array} { |l | c | }
• \hline \text { DR Cash } & 100,000 \\
• \hline \text { CR Dividend revenue } & 100,000 \\
• \hline
• \end{array}\]
• C) \[\begin{array} { | l | c | }
• \hline \text { DR Cash } & 100,000 \\
• \hline \text { CR Dividends receivable } & 100,000 \\
• \hline
• \end{array}\]
• D)No entry is required as the journal entry for dividends declared was already received.

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Definitions:

Negative Alliance

A situation in therapy where there is a lack of agreement or cooperation between the therapist and client, hindering progress.

Stable Coalition

A consistent and long-lasting alliance between individuals or groups aimed at achieving common goals.

Structural Therapy

A form of family therapy that focuses on reorganizing family systems and boundaries to promote healthier interactions and relationships within the family.

Psychopathology

The scientific study of mental disorders, including their symptoms, etiology (causes), and treatment.