On September 10, 2013, George Corporation received a check for $694.00 for dividends on Tandy Corporation stock that George holds as an investment. Show the effects of this transaction on George's income statement and statement of cash flows.

Question

Quizplus · Accepted Answer

The Answer of On September 10, 2013, George Corporation received a check for $694.00 for dividends on Tandy Corporation stock that George holds as an investment. Show the effects of this transaction on George's income statement and statement of cash flows.

On September 10, 2013, George Corporation Received a Check for $694.00