Delivery King Corporation generated excess cash and invested in securities as follows: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Classify each of the investments made during 2018. (Assume the investments represent less than 20% of ownership of outstanding voting stock.) Beta stock Velcon bond Classification Reason arc for 11, Chapter 15 k ist K Question 1, P15-22B (similar tol Part 1 of 10 HW Score: 0%, 0 of 15 poi O Points: 0 of 15 Delivery King Corporation generated excess cash and invested in securities as follows: (Click the icon to view the transactions) X Requirements 1. Classify each of the investments made during 2018. (Assume the equity investments represent less than 20% of ownership of outstanding voting stock) 2. Joumalize the 2015 transactions Explanations are not required 3. Prepare T-accounts for the investment assets and show how to report the investments on Delivery King's balance sheet at December 31, 2018 4. Where is the unrealond holding gain or los associated with the trading debt ments reg ason Print Done xt pages Calculator Ask my instructor # 3 " 44 ds 55 % MacBook Air 0 H J K L B N M V- H comman hapter 15 Question 1, P15-228 (similar to) Part 1 of 10 HW Score: 0%, 0 of 15 poin O Points: 0 of 15 More info 2018 x Jul. 2 Aug. 21 Sep. 16 Oct.1 Dec. 31 Purchased 4,400 shares of Beta, inc common stock at $12.00 per share Delivery King plans to sell the stock within three months, when the company will need the cash for normal operations. Delivery King does not have significant influence over Bea hts rep on Received a cash dividend of $0.40 per share on the Beta stock investment Soid the Beta stock for $14.20 per share Purchased a Velcon bond for $40,000 at face value. Delivery King classifies the investment as trading and short- Received a $120 interest payment from Velcon Dec. 31 Adjusted the Velcon bond to its market value of $42.000 Print Done Calculator Ask my instructor 30 0: 54 55 MacBook Air 66 32 & 27 7 S 8 . 8 R T Y U C F G > B H Clear all Che #1 DHI 61 1 DO 19 O 0 A J K L N M V-