A company invested $40,000 in Gibbs Co. stock. The investment represented 5% of the voting...
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Accounting
A company invested $40,000 in Gibbs Co. stock. The investment represented 5% of the voting stock of Gibbs Co. If the Gibbs Co. stock investment paid dividends, what account would be credited?
A. Equity Investments
B. Dividend Revenue
C. Interest Revenue
D. Cash
E. None of the above
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