The balance in the Investment in Sunflower account at December 31, 2015 was
A. $76,700.
B. $80,000.
C. $83,300.
D. $95,000.
Answer:B
The balance in the Investment in Sunflower account at December 31, 2015 was
A. $76,700. B. $80,000. C. $83,300. D. $95,000.
Explanation: B) Income and dividends are not added or deducted from the investment account under the