Question: When using the equity method to account for an investment, cash dividends received by the investor from the investee should be recorded: Multiple Choice As

When using the equity method to account for an investment, cash dividends received by the investor from the investee should be recorded:

Multiple Choice

  • As a reduction in the investment account.

  • As an increase in the investment account.

  • As dividend income.

  • As a contra item to stockholders' equity.

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