38.6k views
1 vote
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?

User Zelta
by
8.0k points

1 Answer

3 votes
A. A debit to cash and credit to dividend revenue. 
User Guido Celada
by
8.8k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.