eBook Show Me How Calculator Entries for Equity Investments: Less than 20% Ownership The following equity Investment transactions were completed by Vintage Company during a recent year: Apr. 10. Purchased 3,300 shares of Delew Company's common stock for a price of $61.5 per share plus a brokerage commission of $1,650. Delew Company has 255,000 shares of common stock outstanding. July 8. Received a quarterly dividend of $0.50 per share on the Delew Company investment. Sept. 10. Sold 2,200 shares for a price of $55 per share less a brokerage commission of $920. Dec. 31. At the end of the accounting period, the fair value of the remaining 1,100 shares of Delew Company's stock was $61.50 per share. Journalize the entries for these transactions. If an amount box does not require an entry, leave it blank. If required, round the final answers to the nearest dollar. Apr. 10 - Purchase Investments-Delew Company Stock Cash July 8 - Dividend Cash Dividend Revenue Cash Sept. 10 - Sale Loss on Sale of Investments Investments-Delew Company Stock Dec. 31 Unrealized Loss on Equity Investments Valuation Allowance for Equity Investments Feedback Previous Next Check My Work