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1. Record the transactions in the general journal of Eastern Developments Corp. 2. Post entries to the Investments in Significantly influenced and Other Companies T-account,

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1. Record the transactions in the general journal of Eastern Developments Corp. 2. Post entries to the Investments in Significantly influenced and Other Companies T-account, and determine its balance at December 31, 2020 3. Post entries to the Short-Term Investments T-account and determine its balance at December 31, 2020 4. Assuming the market value of the short-term investment portfolio is $535,000 at December 31, 2020, show how Eastern Corp. would report short-term investments and investments in significantly influenced and other companies on the December 31, 2020, balance sheet. 1. Record the transactions in the general journal of Eastern Developments Corp. 2. Post entries to the Investments in Significantly influenced and Other Companies T-account, and determine its balance at December 31, 2020 3. Post entries to the Short-Term Investments T-account and determine its balance at December 31, 2020 4. Assuming the market value of the short-term investment portfolio is $535,000 at December 31, 2020, show how Eastern Corp. would report short-term investments and investments in significantly influenced and other companies on the December 31, 2020, balance sheet

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