2014 december 31 eddy earned net income of 80000 eddy paid, Financial Accounting

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2014 december 31 eddy earned net income of 80000 eddy paid

2014 December 31, Eddy earned net income of $800,00. Eddy paid $5000 to Gordon. Gordon has 10% of Eddy's common shares. What amount should be reported on Gordon's 2014 income statement for the dividends received from Eddy and earnings announced by Eddy, respectively.

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Financial Accounting: 2014 december 31 eddy earned net income of 80000 eddy paid

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Financial Accounting: 2014 december 31 eddy earned net income of 80000 eddy paid

Reference No:- TGS01670980

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