Base Electronics buys 2,000 shares of Blue Mission Company for $20 per share on January 2 of

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Base Electronics buys 2,000 shares of Blue Mission Company for $20 per share on January 2 of the current year. Base Electronics does not have the ability to participate in the decisions of Blue Mission Company. On March 31, a $1 per share dividend is paid. How would Base record the journal entry for the cash dividend

Posted Date: May 18, 2024 09:11 PM

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Base Electronics buys 2,000 shares of Blue Mission Company for $20 per share on January 2 of

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