Question: Question 28 (1 point) Under the equity method, a) the receipt of dividends from the investee results in an increase in the investment account. b)

 Question 28 (1 point) Under the equity method, a) the receipt

Question 28 (1 point) Under the equity method, a) the receipt of dividends from the investee results in an increase in the investment account. b) the receipt of dividends from the investee results in a credit to the Dividend Revenue account. c) the receipt of dividends from the investee results in an increase in the investment account and a credit to the Dividend Revenue account. d) the receipt of dividends from the investee reduces the carrying amount of the investment account. Question 29 (1 point) When an investee can be significantly influenced, it is known as a(n) a) subsidiary. b) associate c) trading investment. d) parent

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