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ABC Inc. was involved in following investment activities in the first half of the year of 2020 Transaction 1 1-Jan-20 ABC acquired 10,000 shares (5%
ABC Inc. was involved in following investment activities in the first half of the year of 2020 Transaction 1 1-Jan-20 ABC acquired 10,000 shares (5% ownership) of Eagle Corp. by paying $130 per share Transaction 2 30-Jan-20 Transaction 3 1-Feb-20 Transaction 4 1-Mar-20 ABC sold 2,000 shares of Eagle for $150 per share ABC purchased 50 bonds of Tesla Inc. The cost of each Tesla bond was $1,000. Interest rate is 10% and is payable annually. ABC acquired 25,000 shares (30% ownership) of Snapchat Inc. The cost of each share of Snapchat was $18. ABC sold 5,000 shares of Eagle for $120 per share ABC sold 10,000 shares of Snapchat for $22 per share Transaction 5 10-Mar-20 30-Jun-20 Transaction 6 Journalize each transaction of BKH in the following table - (12 points) Transaction No. Date Accounting Items Debit Credit
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