A parent company 's 75 owned subsidiary declared and paid a dividend totalling $10,000 How would the parent company record this dividend under the equity method under the cost method ...

A parent company's 75%-owned subsidiary declared and paid a dividend totalling $10,000. How would the parent company

Question:

A parent company's 75%-owned subsidiary declared and paid a totalling $10,000. How would the parent company record this under the equity method? under the cost method?
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...