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Dividends Received from Minority Investment
Recording cash income from shares owned in another company.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash | Asset (+) | 1,200.00 | - |
| Dividend Income | Revenue (+) | - | 1,200.00 |
💡 Accountant's Note
This is non-operating income. If you own less than 20% of a company, you simply record the dividends as income when received.
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QA
Expert Analysis by Qusai Ahmad
General Accountant Supervisor & IFRS Specialist
Specialized in SAP GUI automation and Middle Eastern tax compliance. Building digital tools for the next generation of finance leaders.