8. On May 15 2018, Mega Co invests 514,000 in Jack Inc steck Jack pays Moga a $500 dividend on November 15, 2018 Mega sestre Jack slock on December 10, 2018, 1513.600. Assume the Mega Co does not have significant influence over Jack Inc Journalize the 2018 transactions related to Mega's investment in Jack stock (Record debit intendit. Sed explanation on the last of the journal entry table Debit Credhe Begin by Journalisting Mega's Insal Investment in Jack Inc. stock on May 15, 2018 Date Account and Explanation 2015 May 15 Available for Sale Debt Invements De Crede Cash Next Journal Dividend Revenue Date 2010 Interest Revenue Newt Equity investments Choose from am Far veue Adjustment-Available for Sale Calculator Far Value Adjustment--Trading 10 the next question Time Limit: 025000 Next Type here to search o AM S 0 G SOTO 400 Next, journalize Mega's receipt of the November 15, 2018 dividend. Date Accounts and Explanation Debit Credit 2018 Nov 15 Now journalize Mega's sale of the Jack Inn cinetan NARA Now joumalize Mega's sale of the Jack Inc, stock on December 10, 2018 Date Accounts and explanation 2018 Debit Credit Dec 10 Choose from any list or enter any number in the input fields and then continue to the next question Calculator IN Type here to search o S 8. On May 15, 2018, Mega Co. invests 514,000 in Jack, Inc stock Jack pays Mega a 5600 Gvided on November 15, 2018 Mega sets the Jack stock on December 10, 2018 to 513.500 Assume the Mega Co doesne sigrificantinence over Jack Inc Joumalize the 2018 transactions related to Meg investment in Jack Mock Record debits first the credit Select the coplanation on the last line of the malenty table Begin by journalizing Mega's initial investment in Jack, Inc. stock on May 15, 2018 Date Accounts and Explanation Dobit Credit 2010 8. On May 15, 2018, Mega Co. invests $14,000 in Jack, Inc. stock. Jack pays Mes significant influence over Jack, Inc. Journalize the 2018 transactions related to Me Begin by journalizing Mega's initial investment in Jack, Inc., stock on May 15, 2018 Date Accounts and Explanation 2018 May 15 Available-for-Sale Debt Investments Cash Next, journalize Mega's receipt of the November 15, 2018 dividend. Date Accounts and Explanation 2018 Nov. 15 Cash Choose from any list or enter any number in the input fields and then continua Next, journalize Mega's receipt of the November 15, 2018 dividend, Date Accounts and Explanation 2018 Nov. 15 Cash Dividend Revenue Now journalize Mega's sale of the Jack, Inc., stock on December 10, 2018. ow journalize Mega's sale of the Jack, Inc., stock on December 10, 20 Date Accounts and Explanation 2018 Dec. 10 Cash Loss on Disposal Choose from any list or enter any number in the input fields and ther Calculator Type here to search
