Receiving a Cash Dividend from an Available-For-Sale Investment Requires the Following

question 4

Multiple Choice

Receiving a cash dividend from an available-for-sale investment requires the following journal entry:

• A) a debit to Cash and a credit to Dividend Revenue.
• B) a debit to Cash and a credit to Unrealized Gain on Investments.
• C) a debit to Unrealized Gain on Investment and a credit to Dividend Revenue.
• D) no journal entry. Investor makes a memorandum entry in the accounting records.

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Definitions:

Psychosexual Stages

A series of developmental stages proposed by Freud, in which the pleasure-seeking energies of the id focus on different erogenous zones.

Personality Structures

The organized pattern of behaviors and attitudes that makes a person distinctive, often described in terms of traits or models such as the Big Five.

Developmental Stages

The distinct phases that an individual undergoes from infancy to adulthood, each characterized by specific psychological and physiological changes.

Collectivist Cultures

Cultures that prioritize the group over the individual, emphasizing interdependence and familial and communal relationships.