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Delivery Dream Corporation generated excess cash and invested in securities as follows: (Click the icon to view the transactions.) Read the requirements Requirement 2. Journalize

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Delivery Dream Corporation generated excess cash and invested in securities as follows: (Click the icon to view the transactions.) Read the requirements Requirement 2. Journalize the 2018 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.) Jul. 2. Purchased 3.400 shares of Nexxt, Inc. common stock at $13.00 per share. Delivery Dream plans to sell the stock within three months, when the company will need the cash for normal operations Delivery Dream does not have significant influence over Nexoxt. Date Accounts Debit Credit Jul. 2 Aug, 21: Received a cash dividend of $0.20 per share on the Next stock investment. Date Accounts Dobit Credit Aug. 21 2018 Jul. 2 Purchased 3,400 shares of Nexxt, Inc. common stock at $13.00 per share. Delivery Dream plans to sell the stock within three months, when the company will need the cash for normal operations. Delivery Dream does not have significant influence over Nexxt. Aug. 21 Received a cash dividend of $0.20 per share on the Nexxt stock investment. Sep. 16 Sold the Nexxt stock for $14.80 per share. Oct. 1. Purchased a Volton bond for $24,000 at face value. Delivery Dream classifies the investment as trading and short-term. Dec. 31 Received a $300 interest payment from Volton. 31 Adjusted the Volton bond to its market value of $27,000. 1. Classify each of the investments made during 2018. (Assume the equity investments represent less than 20% of ownership of outstanding voting stock.) 2. Journalize the 2018 transactions. Explanations are not required. 3. Prepare T-accounts for the investment assets, and show how to report the investments on Delivery Dream's balance sheet at December 31, 2018. 4. Where is the unrealized holding gain or loss associated with the trading debt investment reported

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