Cider Jewelers purchased 3,000,000 of the outstanding 10,000,000 shares of Angel & Associates.Cider has significant influence over Angel,so Cider will account for this investment using the equity method.Angel declared dividends of $275,000 during the year.Which of the following is the correct journal entry for this transaction?
A) 
B) 
C) 
D) 
Correct Answer:
Verified
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