Creative Investments completed the following investment transactions during 2024 (Click the icon to view the transactions.) Read the requirements Requirement 1. Journalize Creativo's investment transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries. If no entry is required, select "No entry required" on the first line of the Accounts column and leave the remaining cells blank) Jan. 14: Purchased 600 shares of Tycon stock, paying $50 per share. The investment represents 3% ownership in Tycon's voting stock. Croativo does not have significant influence over Tycon Creative intends to hold the investment for the indefinite future. Date Accounts Debit Credit Jan. 14 Choose from any list or enter any number in the input fields and then click Check Answer Check Answer Clear All 5 parts remaining X More Info Jan. 14 Purchased 600 shares of Tycon stock, paying $50 per share. The investment represents 3% ownership in Tycon's voting stock. Creative does not have significant influence over Tycon. Creative intends to hold the investment for the indefinite future. Aug. 22 Received a cash dividend of $0.21 per share on the Tycon stock. Dec. Adjusted the investment to its current market value of $48 per share. Dec. 31 Tycon reported net income of $120,000 for the year ended 2024. Print Done i -X Requirements 1. Journalize Creative's investment transactions. Explanations are not required. 2. Classify and prepare a partial balance sheet for Creative's Tycon investment as of December 31, 2024. 3. Prepare a partial income statement for Creative Investments for year ended December 31, 2024. Print Done