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a. Purchased 520 shares of Florida Fine Foods common stock at 31share en 5% of Ford's outstanding stock with the end of holding the stock

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a. Purchased 520 shares of Florida Fine Foods common stock at 31share en 5% of Ford's outstanding stock with the end of holding the stock to the indre Records for the one any una entrs Journal Entry Account Da Cr ceved a cash dividend of 1.20 per share on the Journal Entry Account Det C vestment account total of $40 per share c. At year-end, adjusted the investment account to fair value of $40 per share. Journal Entry Accounts Debit Credit C. d. Sold the Florida stock for $22 per share. Journal Entry Accounts Debit Credit d

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