Ask Experts Questions for FREE Help !
Ask
    quandoy's Avatar
    quandoy Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Aug 22, 2010, 03:33 AM
    Equity method
    What is the entry to record received of dividents under equity method?
    hamzashakaa's Avatar
    hamzashakaa Posts: 161, Reputation: 8
    Junior Member
    		  
    #2

    Aug 22, 2010, 12:42 PM
    When you receive dividends under the equity method you should debit the bank account and reduce the investment account.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Partial equity method [ 2 Answers ]

Parrett Corp. bought one hundere percent of Jones Inc. on January 1, 2009, at a price in excess of the subsidiary's fair value. On that date, Parrett's equipment (ten-year life) had a book value of $360,000 but a fair value of $480,000. Jones had equipment (ten-year life) with a book value of...

View more questions Search