Everrine Corporation owns 3,000 shares of JRW Corporation. JRW Corporation has 25,000 shares of stock outstanding. JRW paid $4 per share in cash dividends to its stockholders. The entry to record the
A、Debit Cash, $12,000; credit Long-Term Investments, $12,000.
B、Debt Long-Term Investment, $12,000; credit Cash, $12,000.
C、Debit Cash, $12,000; credit Dividend Revenue, $12,000.
D、Debit Unrealized Gain-Equity, $12,000; credit Cash, $12,000.
E、Debit Cash, $12,000; credit Unrealized Gain-Equity, $12,000.