10. Koehn Corporation accounts for its investment in the ordinary shares of Sells Company...
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Accounting
10.
Koehn Corporation accounts for its investment in the ordinary shares of Sells Company under the equity method. Koehn Corporation should ordinarily record a cash dividend received from Sells as
a. | a reduction of the carrying value of the investment | |
b. | share premium | |
c. | an addition to the carrying value of the investment | |
d. | dividend income |
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