Which koehn corporation should ordinarily record

Reference no: EM132816978

Problem 1: Koehn Corporation accounts for its investment in the ordinary shares of Sells Company under the equity method. Koehn Corporation should ordinarily record a cash dividend received from Sells as

A. a reduction of the carrying value of the investment.

B. share premium.

C. an addition to the carrying value of the investment.

D. dividend income.

Reference no: EM132816978

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