Branson Today Publishers completed the following investment transactions during 2018 and 2019 Click the icon to view the transactions) Requirements 1. Journal Branson Today's investment transactions. Explanations are not required. 2 On December 31, 2018. how would the Lovely stock bew ed and at what value would be reported on the balance sheet? Requirement. Jou w 's transactions Explanations are not required. Recordobest, then crede Exclude explanations from journal entre no entry is required, select "No entry ured on the first line of the Account column and save the remaining cells blank.) Dec.6.2018: Purchased 1.000 hores of Lovely stock at a price of $20.00 per share, intending to sell the investment next month. Branson did not have significant influence over Lovely. Date Accounts Debit Credit Dec Dec 23, 2018 Rec h end of 1.50 per share on the lovely wock stions. Explanations are not required. stock bed More Info ansactions nd leave the purnal er ock at a pri hificant int nts 2018 Dec. 6 Purchased 1,000 shares of Lovely stock at a price of $20.00 per share, intending to sell the investment next month. Branson did not have significant influence over Lovely. 23 Received a cash dividend of $1.50 per share on the Lovely stock. 31 Adjusted the investment to its market value of $19.00 per share. 2019 Jan. 27 Sold the Lovely stock for $19.70 per share. Der shared nts Done input field DU VUN equirements Joumalize Branson Today's Investment transactions. Explanations are not required. On December 31, 2018, how would the Lovely stock be classified and at what value would it be reported on the balance sheet? Debit n. 27, 2019: Sold the Lovely stock for $19.70 per share. Date Accounts 2019 Jan. 27 quirement 2. On December 31, 2018, how would the Lovely stock be classed and at what value would it be reported on the balance sheet? e Lovely stock would be classified as a ofs on the December 31, 2018, balanen