When an investor uses the equity method to account for investments in common stock, cash dividend received by the investor from the investee should be recorded as _____.
A. A deduction from the investment account.
B. A deduction from the stockholders' equity account, dividends to stockholders.
C. Dividend income.
D. A deduction from the investor's share of the investor's profits.
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here