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can you help solve the first picture please? Also can you check where I went wrong on the 2nd and 3rd picture please? thank you

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can you help solve the first picture please? Also can you check where I went wrong on the 2nd and 3rd picture please? thank you so much
Entries for investment in Bonds, Interest, and Sale of Bonds Gonzalez Company acquired $203,400 of Walker Co., 4% bonds on May 1 at their face amount. Interest is paid semiannually on May 1 and November 1. On November 1, Gonzalez Company sold $56,400 of the bonds for 99. Journalize entries to record the following in Year 1: For a compound transaction, if an amount box does not require an entry, leave it blank. a. The initial acquisition of the bonds on May 1. May 1 b. The semiannual interest received on November 1. Nov. 1 C. The sale of the bonds on November 1 Nov. 1 d. The accrual of $980 interest on December 31. Dec. 31 Instructions At a total cost of $6.460.000. Herrera Corporation acquired 187,000 shares of Tran Corp.common stock as a long-term investment. Herrera Corporation uses the equity method of accounting for this investment Tran Corp. has 850,000 shares of common stock outstanding, including the shares acquired by Herrera Corporation. Required: A. Journalize the entries by Herrera Corporation on December 31 to record the following information (refer to the Chart of Accounts for exact wording of account intes: 1. Tran Corp, roports not income of $722,000 for the current period. 2. A cash dividend of $0.33 per common share is paid by Tran Corp. during the current period. B. Why is the equity method appropriate for the Tran Corp. Investment? Journal A Joumatoo the entries by Herrera Corporation on December 31 to record the following intormation. Refer to the Chart of Accounts for exact wording of account des PAGE 10 JOURNAL ACCOUNTING EQUATION POST. REF. CREDIT LIABILITIES EQUITY DEBT 158.840.00 ASSETS 1 DATE DESCRIPTION Dec. 31 Investment in Tran Corp, Stock Income of Tran Corp. Dec 31 Cash Investment in Tan Corp. Stock 158,840.00 1 61,710.00 1 61,710.00 + Stock Investment Transactions On September 12, 2,600 shares of Aspen Company are acquired at a price of $44.00 per share plus a $130 brokerage commission. On October 15, a $0.90-per-share dividend was received on the Aspen Company stock. On November 10,1,040.00 shares of the Aspen Company stock were sold for $37 per share less a $52 brokerage commission. When required, round final answers to the nearest dollar. For a compound transaction, if an amount box does not require an entry, leave it blank. Prepare the journal entries for the original purchase, the dividend, and the sale under the cost method. Sept. 12 Investments-Aspen Company Stock 114,530 Cash 114,530 2,340 Oct. 15 Cash Dividend Revenue 2,340 38,428 Nov. 10 Cash Loss on Sale of Investments Investments-Aspen Company Stock 18,837 X 57,265 X

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