Refer to the data in PE 12-5. Viella Company received the following interest and dividends from its

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Refer to the data in PE 12-5. Viella Company received the following interest and dividends from its securities investments during the year:

Security Interest Dividends S1,500 4,000 S1,000 5,500 1234

Make the necessary journal entry (or entries) to record the receipt of interest and dividends during theyear.

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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Question Posted: Dec 27, 2011 10:07 AM

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Refer to the data in PE 12-5. Viella Company received the following interest and dividends from its

Question:

Security Interest Dividends S1,500 4,000 S1,000 5,500 1234

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Cash 12000 Interest Re...View the full answer

Accounting concepts and applications

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