dividends of $$0\mathrm{.}70$ per share. At December $31,2021,$ Lisa Company stock was selling at $$14$ per share.

$2-$a$.$ Prepare the journal entries for Marg Company at the dates indicated for Case A: $39,100$ shares purchased.

$2-$b$.$ Prepare the journal entries for Marg Company at the dates indicated for Case B: $101,200$ shares purchased.

$3.$ Complete the following schedule to show the separate amounts that should be reported on the $2021$ financial statements of Marg Company:

Complete this question by entering your answers in the tabs below.

Prepare the journal entries for Marg Company at the dates indicated for Case A: $39,100$ shares purchased. $($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

$1$

$2$

$3$

$4$

Record the acquisition of $39,100$ shares of Lisa Company on January $10.$

Note: Enter debits before credits.

General Journal

Debit