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11 February, 20:17

When a company receives a cash dividend from a trading? security, the journal entry? includes:

a. a debit to cash and credit to dividend revenue.

b. a debit to investment in trading securities and credit to cash.

c. a debit to cash and credit to investment in trading securities.

d. a debit to dividend revenue and credit to cash?

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Answers (1)
  1. 11 February, 23:49
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    A. A debit to cash and credit to dividend revenue.
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