Business

17 July, 03:06

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

a. a debit to cash and credit to dividend revenue.

b. a debit to investment in trading securities and credit to cash.

c. a debit to cash and credit to investment in trading securities.

d. a debit to dividend revenue and credit to cash?

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “When a company receives a cash dividend from a trading? security, the journal entry? includes: a. a debit to cash and credit to dividend ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Knowledge Check 01 Melas Company changed from the LIFO to the FIFO inventory costing method on January 1, Year 3.

You decide to cash out your CD early. What will happen? You will be able to invest in other stocks. You will be penalized with high fees. You will roll it over into a 401 (K). You will reinvest the proceeds into a money market account.

Suppose a study shows that the demand for Goodyear tires is more elastic than the demand for all tires.

The personality of an organization is a simple explanation of

In the long run which of the following is true? The size of a firm's physical plant can be changed but the firm cannot adopt new technology. Total cost = fixed cost + variable cost. The firm can vary its explicit costs but not its implicit costs.

New Questions in Business

Calculator Danielle is a partner in and sales manager for DG Partners, a domestic business that is not a specified service trade or business.

If it takes 40 hours to complete the first unit and the company knows from experience that the learning rate should be 0.80, how fast can they be expected to finish all twelve units? 289 hours 18 hours 264 hours 316 hours

In year 1, Kris purchased a new home for $200,000 by making a down payment of $150,000 and financing the remaining $50,000 with a loan, secured by the residence, at 6 percent. As of January 1, year 4, the outstanding balance on the loan was $40,000.

Which financial statement is prepared first?

Ace Inc. is evaluating two mutually exclusive projects-Project A and Project B. The initial investment for each project is $50,000.