Using the equity method, dividends received are not recorded as profit. Explain why this is true.

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Fundamental Accounting Principles Volume II

ISBN: 978-1260305838

16th Canadian edition

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

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Question Posted: Dec 19, 2019 04:21 AM

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Using the equity method, dividends received are not recorded as profit. Explain why this is true.

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Fundamental Accounting Principles Volume II

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