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Use This Information to Answer the Following Question Investment in Burns Corporation 900 Cash900\begin{array}{llr} \text {Investment in Burns Corporation } &900\\ \text { Cash} &&900\\\end{array}

question 159

Multiple Choice

Use this information to answer the following question.These facts concern the long-term stock investments of Alpha Corporation:  Use this information to answer the following question.These facts concern the long-term stock investments of Alpha Corporation:    The entry to record the receipt of the cash dividend from Burns Corporation is: A)  \begin{array}{llr}   \text {Investment in Burns Corporation  } &900\\  \text {  Cash} &&900\\ \end{array}     B)  \begin{array}{llr}   \text {Cash  } &900\\  \text {Dividend Income  } &&900\\ \end{array}    C)  \begin{array}{l} \text { Dividend Income } &900\\ \text { Cash }&&900 \end{array}   D)  \begin{array}{llr}   \text {Cash  } &900\\  \text { Investment in Burns Corporation } &&900\\ \end{array}
The entry to record the receipt of the cash dividend from Burns Corporation is:


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