a. Pams investment income from Sun 2017

b. investment balance Pam from Sun 31 Dec 2017

c. make journal Pams investments from Sun

Debits Current assets Plant assets-net Expenses (including cost of goods sold) Dividends (paid in July) December 31 2017 $ 250 750 400 100 $1,500 Credits Current liabilities Capital stock (no change during the year) Retained earnings January 1 Sales $ 150 500 250 600 $1,500