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On January 1,2000,X Inc.purchased 12% of the voting shares of Y Inc for $100,000.The investment is reported at cost.X does not have significant influence over Y.Y's net income and paid dividends for the following three years are as follows:
-Which of the following journal entries would have to be made to record X's purchase of Y's shares?

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On January 1,2000,X Inc.purchased 12% of the voting shares of Y Inc for $100,000.The investment is reported at cost.X does not have significant influence over Y.Y's net income and paid dividends for the following three years are as follows: 
-Which of the following journal entries would have to be made to record X's purchase of Y's shares?

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On January 1,2000,X Inc.purchased 12% of the voting shares of Y Inc for $100,000.The investment is reported at cost.X does not have significant influence over Y.Y's net income and paid dividends for the following three years are as follows: 
-Which of the following journal entries would have to be made to record X's purchase of Y's shares?

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