Winston corporation owns 25% of the voting stock of tole corporation and uses the equity method in recording the investment. tole corporation reported a $50,000 net loss. winston corporation's entry would include a
a. debit to the investment account for $50,000.
b. debit to the cash account for $12,500.
c. debit to the investment account for $12,500.
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Winston corporation owns 25% of the voting stock of tole corporation and uses the equity method in r...
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