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Accounts payable Accounts receivable Accumulated depreciationBuilding Accumulated depreciationEquipment Amortization expense Bonds payable Brokerage fee expense Building Cash Common stock, $10 par value Cost of goods

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  • Accounts payable

  • Accounts receivable

  • Accumulated depreciationBuilding

  • Accumulated depreciationEquipment

  • Amortization expense

  • Bonds payable

  • Brokerage fee expense

  • Building

  • Cash

  • Common stock, $10 par value

  • Cost of goods sold

  • Debt investments - Available-for-sale

  • Debt investments - Held-to-maturity

  • Debt investments - Trading

  • Depreciation expenseBuilding

  • Depreciation expenseEquipment

  • Discount on bonds payable

  • Dividend revenue

  • Earnings from equity method investments

  • Equipment

  • Equity method investments

  • Fair value adjustment - Available-for-sale

  • Fair value adjustment - Stock

  • Fair value adjustment - Trading

  • Gain on retirement of bonds payable

  • Gain on sale of debt investments

  • Gain on sale of stock investments

  • Income summary

  • Interest expense

  • Interest payable

  • Interest receivable

  • Interest revenue

  • Inventory

  • Land

  • Loss on retirement of bonds payable

  • Loss on sale of debt investments

  • Loss on sale of stock investments

  • Notes payable

  • Paid-in capital in excess of par value, common stock

  • Paid-in capital in excess of par value, preferred stock

  • Paid-in capital, treasury stock

  • Preferred stock, $100 par value

  • Premium on bonds payable

  • Rental expense

  • Rental revenue

  • Retained earnings

  • Salaries expense

  • Sales

  • Sales discounts

  • Sales returns and allowances

  • Stock investments

  • Supplies

  • Supplies expense

  • Treasury stock

  • Unrealized gain - Equity

  • Unrealized gain - Income

  • Unrealized loss - Equity

  • Unrealized loss - Income


QS 15-11 (Algo) Accounting for stock investments LO P4 Prepare Riley Company's journal entries to record the following transactions for the current year. Apri1 18 Purchases 460 common shares of XLT Company as a short-term investment at a cost of $58 per share. With this stock investment, Riley has an insignificant influence over XLT. May 30 Receives $1,50 per share from XII in dividends. Journal entry worksheet 2 Purchases 460 common shares of XUT Company as a short-term investment at a cost of $58 per share. With this stock investment, Riley has an insignificant influence over XLT. Note: Enter debits before credits. QS 15-11 (Algo) Accounting for stock investments LO P4 Prepare Riley Company's journal entries to record the following transactions for the current year April 18 Purchases 460 common shares of XLT Company as a short-term investment at a cost of $58 per share. With this st investment, Riley has an insignificant influence over XLT. May 30 Receives $1.50 per stare from XIT in dividends. Journal entry worksheet Receives $1,50 per share from XLT in dividends. Note: Enter debits before credits

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