Delta Investments completed the following investment transactions during 2018: (Click the icon to view the investment transactions.) More Info x i Requirements - X select "No entry re 2018 1. Journalize Delta's investment transactions. Explanations are not required. 2. Prepare a partial balance sheet for Delta's Vince investment as of December 31, 2018. 3. Prepare a comprehensive income statement for Delta Investments for year ended December 31, 2018. Assume net income was $380,000 Jan. 5 Purchased Vince Company's $500,000 bond at face value. Delta classified the investment as available-for-sale. The Vince bond pays interest at the annual rate of 3% on June 30 and December 31 and matures on December 31, 2022. Management's intent is to keep the bonds for several years. Received an interest payment from Vince. Received an interest payment from Vince. Adjusted the investment to its current market value of $498,000 Jun. 30 Dec. 31 Print Done Dec. 31 Print Done Done Clear All