Bart Corporation purchased 1,200 of the 3,000 outstanding shares of Starr Company common stock for $50 per share. Given this information, when Bart Corporation receives a cash dividend from Starr Company, which of the following accounts should be credited?
A) Revenue from Investments
B) Dividend Revenue
C) Investment in Equity Method Securities
D) None of these will be credited
Correct Answer:
Verified
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