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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

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 1,800 shares of Delew Companys common stock for a price of $59.5 per share plus a brokerage commission of $900. Delew Company has 250,000 shares of common stock outstanding.
July 8. Received a quarterly dividend of $0.25 per share on the Delew Company investment.
Sept. 10. Sold 1,200 shares for a price of $53 per share less a brokerage commission of $500.
Dec. 31. At the end of the accounting period, the fair value of the remaining 600 shares of Delew Companys stock was $59.50 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 CashDividend ReceivableDividend RevenueInvestments-Delew Company StockNotes Receivable - Select - - Select -
CashDividend ReceivableDividend RevenueInvestments-Delew Company StockNotes Receivable - Select - - Select -
July 8 - Dividend CashDividend ReceivableDividend RevenueInterest ReceivableInvestments-Delew Company Stock - Select - - Select -
CashDividend ReceivableDividend RevenueInvestments-Delew Company StockNotes Receivable - Select - - Select -
Sept. 10 - Sale CashDividend ReceivableDividend RevenueGain on Sale of InvestmentsInvestments-Delew Company Stock - Select - - Select -
Cash DividendGain on Sale of InvestmentsInvestments-Delew Company StockLoss on Sale of InvestmentsNotes Receivable - Select - - Select -
CashDividend RevenueGain on Sale of InvestmentsInvestments-Delew Company StockLoss on Sale of Investments - Select - - Select -
Dec. 31 CashDividend ReceivableUnrealized Gain on Equity InvestmentsUnrealized Loss on Equity InvestmentsValuation Allowance for Equity Investments - Select - - Select -
CashDividend ReceivableUnrealized Gain on Equity InvestmentsUnrealized Loss on Equity InvestmentsValuation Allowance for Equity Investments - Select - - Select -

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