Under the equity method, dividends received from the affiliate company are not recorded as revenue. To record

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Under the equity method, dividends received from the affiliate company are not recorded as revenue. To record dividends as revenue involves double counting. Explain.

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Financial Accounting

ISBN: 978-0078111020

7th Edition

Authors: LibbyShort

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Question Posted: Dec 12, 2011 09:38 AM

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Under the equity method, dividends received from the affiliate company are not recorded as revenue. To record

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