Aurum Services acquired 100,000 shares of Gamma Metals on January 1, 2015. Gamma declares a cash dividend of $0.25 per share on February 15, 2015 and pays the cash dividend on March 2, 2015. With the current investment, Aurum Services holds 8% of Gamma. Which of the following will be the correct journal entry for the day when the dividend payment is made (March 2, 2015)?
C)No Entry

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The Answer of Aurum Services acquired 100,000 shares of Gamma Metals on January 1, 2015. Gamma declares a cash dividend of $0.25 per share on February 15, 2015 and pays the cash dividend on March 2, 2015. With the current investment, Aurum Services holds 8% of Gamma. Which of the following will be the correct journal entry for the day when the dividend payment is made (March 2, 2015)?
C)No Entry

Aurum Services Acquired 100,000 Shares of Gamma Metals on January