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Could you please prepare entries? 2020: Nov 03 Purchased ordinary shares of 3 companies, each investment representing less than a 20% interest. These shares are

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Could you please prepare entries?

2020: Nov 03 Purchased ordinary shares of 3 companies, each investment representing less than a 20% interest. These shares are held for trading. X $259,700 ; Y $317,500 ; Z $141,350 plus $11,450 brokerage commissions. Received a cash dividend of $4,200 on the investment in the ordinary shares of Y. All three of the investee companies reported net income for the year, but only Y declared and paid a dividend. Dec 06 Dec 31 Fair value of the investments: X $275,000; Y $304,000; Z $104,000. 2021: Jan 23 Sold all of the X ordinary shares for $300,000 less $12,780 brokerage commissions. Purchased 20,000 ordinary shares of W at $12.75 per share plus $1,850 brokerage commissions. Feb 10 Dec 31 Fair value of the investments: W $278,350 ; Y $362,550 ; Z $139,050

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