Question : 31. When using the equity method to account for an : 1255684
31. When using the equity method to account for an investment, cash dividends received by the investor from the investee should be recorded: a. As a reduction in the Investments account.b. As an increase in the Investments account.c. As dividend income.d. As a contra item to stockholders’ equity. 32. The equity method of accounting for investments in voting common stock is appropriate when: a. The investor can significantly […]