Under the equity method, the Investment in Associates account is credited when the
A)associate reports profits.
B)associate reports a net loss.
C)associate is originally acquired.
D)both when the investee reports profits and when the investment is originally acquired.

Question

Quizplus · Accepted Answer

The Answer of Under the equity method, the Investment in Associates account is credited when the
A)associate reports profits.
B)associate reports a net loss.
C)associate is originally acquired.
D)both when the investee reports profits and when the investment is originally acquired.

Under the Equity Method, the Investment in Associates Account Is