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What the net effect of the entries made by the investor

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Question 1: A 30% ownership interest in an investee is being accounted for using the equity method. If the investee reports $250,000 of income, and pays $100,000 of dividends for the current year, the net effect of the entries made by the investor will be to:

A. reduce the Investment in Common Shares account by $150,000

B. increase the Investment in Common Shares account by $45,000

C. increase the Investment in Common Shares account by $150,000

D. reduce the Investment in Common Shares account by $45,000

Reference no: EM132497139

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