If the equity method is being used, cash dividends received
A)are credited to the Dividend Revenue account.
B)do not require an entry because the investee's profits have already been recorded at the proper proportion on the investor's books.
C)are credited to the Investment in Associates account.
D)are credited to the Revenue from Investment in Associates account.

Question

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The Answer of If the equity method is being used, cash dividends received
A)are credited to the Dividend Revenue account.
B)do not require an entry because the investee's profits have already been recorded at the proper proportion on the investor's books.
C)are credited to the Investment in Associates account.
D)are credited to the Revenue from Investment in Associates account.

If the Equity Method Is Being Used, Cash Dividends Received