
- UID
- 223331
- 帖子
- 289
- 主题
- 53
- 注册时间
- 2011-7-11
- 最后登录
- 2014-2-27
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NO I/S elimination. WHen dividends are received, its an increase in cash and a decrease in the investment, no impact on total assets.
Journal Entry would be:
Dr Cash - $5
Cr Equity method investment - $5
To record dividends received from equity method investee. |
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