er 8 Review ok First National Bank buys and sells securities. The company's fiscal year ends on December 31. The following selected transactions relating to First National's trading account occurred during the year. Saved December 20 Purchases 230,000 shares in Classic Computers common stock for $989,000 ($4.30 per share). December 28 Receives cash dividends of $5,300 from the Classic Computers shares. Required: How will each of these transactions affect the financial statements? Complete this question by entering your answers in the tabs below.

Required: How will each of these transactions affect the financial statements? Complete this question by entering your answers in the tabs below. Purchases 230,000 shares in Classic Computers common stock for $989,000 ( $4.30 per share). How will this transaction affect the financial stat Note: Amounts to be deducted should be indicated by a minus sign. Required: How will each of these transactions affect the financlal statements? Complete this question by entering your answers in the tabs below. Recelves cash dividends of $5,300 from the Classic Computers shares. How will this transaction affect the financial statements? Note: Amounts to be deducted should be indicated by a minus sign Fint Notional Bank buys and sefls securties. The company's fiscal year ends on December 3t. The following selected transoctions telating to Frst Nathonar's trading sccount occurred during the yeait Dantulumed: Complete this question by entering your answers in the tabs below. First National Bank buys and sells securities. The company's fiscal year ends on December 31 . The following selected transactions relating to First Notionar's trading account occurred during the yeac. erceoter 28 Mectives cath dividends of $5,300 from the classic Coeputers shures. Required: How wil esch of these transactions affect the financhal statements? Complete this question by entering your answers in the tabs below. Recelves cash dividends of $5,300 from the Classic Computeis shares. How will this transaction affect the financial statements? Note Amounts to be deducted should be indicated by a minusulan. Required: How will each of these transactions affect the financial statements? Complete this question by entering your answers in the tabs below. Purchases 230,000 shares in Classic Computers common stock for $989,000 ( $4.30 per share). How will this transaction affect the financial stat Note: Amounts to be deducted should be indicated by a minus sign. Required: How will each of these transactions affect the financlal statements? Complete this question by entering your answers in the tabs below. Recelves cash dividends of $5,300 from the Classic Computers shares. How will this transaction affect the financial statements? Note: Amounts to be deducted should be indicated by a minus sign Fint Notional Bank buys and sefls securties. The company's fiscal year ends on December 3t. The following selected transoctions telating to Frst Nathonar's trading sccount occurred during the yeait Dantulumed: Complete this question by entering your answers in the tabs below. First National Bank buys and sells securities. The company's fiscal year ends on December 31 . The following selected transactions relating to First Notionar's trading account occurred during the yeac. erceoter 28 Mectives cath dividends of $5,300 from the classic Coeputers shures. Required: How wil esch of these transactions affect the financhal statements? Complete this question by entering your answers in the tabs below. Recelves cash dividends of $5,300 from the Classic Computeis shares. How will this transaction affect the financial statements? Note Amounts to be deducted should be indicated by a minusulan