Question: Under the cost method, dividends declared by a subsidiary are accounted for by the parent as: A.Decrease in Equity Investment, but only if it is

Under the cost method, dividends declared by a subsidiary are accounted for by the parent as:

A.Decrease in Equity Investment, but only if it is a liquidating dividend.

B.Dividend income.

C.Decrease in Equity Investment.

D.Increase in Equity Income.

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