eftect change in the urrent ratio cannot be detemined d. The rati The entry tor the receipt ot interest on Jaiy 1, 30o2, b. eash a. not required. b. Cash d. Intereat Receivable Debt Investmenta 22. Jacoba Corporation makes a short-term investment in 300 shares of Starr a. Debt Investments b. Stock Investments .. c. Stock Investmente 's common atock. The stoek is parchased tor $30 share plus brokerage fees ot $900. The entry for the purchase is a 9,000 Cash 9,000 9,900 Brokerage Fee Expense . .. Cash 9,000 23. Under the equity method of aceounting for long-term investments in common stock, when a dividend is received from the investee company, a. the Dividend Revenue account is credited b. the Stock Investments account is increased. c. the Stock Investments account is decreased. d. no entry is necessary