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A corporation using the equity method of accounting for its investment in a 60%owned investee,...

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Accounting

A corporation using the equity method of accounting for its investment in a 60%owned investee, which earned $20,000 and paid $5,000 in dividends What is the debit side of elimination entry of NCI in net income ?

Select one:

a. cash

b. investment

c. NCI in net income

d. NCI in net assets

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