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Equity investments: Less than 2 0 % ownershipOn September 1 2 , 3 , 0 0 0 shares of Denver Companys common stock are acquired
Equity investments: Less than ownershipOn September shares of Denver Companys common stock are acquired at a price of $ per share plus a $ brokerage commission. On October an $pershare dividend was received on the Denver Company stock. On November shares of the Denver Company stock were sold for $ per share less a $ brokerage commission. At the end of the accounting period on December the fair value of the remaining shares of Denver Companys stock was $ per share. Denver Company has shares of common stock outstanding.Journalize the entries for the original purchase, dividend, sale, and change in fair value under the fair value method. If an amount box does not require an entry, leave it blank.Sep. Oct. Nov. Dec.
Equity investments: Less than ownershipOn September shares of Denver Companys common stock are acquired at a price of $ per share plus a $ brokerage commission. On October an $pershare dividend was received on the Denver Company stock. On November shares of the Denver Company stock were sold for $ per share less a $ brokerage commission. At the end of the accounting period on December the fair value of the remaining shares of Denver Companys stock was $ per share. Denver Company has shares of common stock outstanding.Journalize the entries for the original purchase, dividend, sale, and change in fair value under the fair value method. If an amount box does not require an entry, leave it blank.Sep. Oct. Nov. Dec.
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