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Exercise 17-11 Aranda Corporation made the following cash purchases during 2020, which is the free year in which Aranda invested in curtes 1. On January

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Exercise 17-11 Aranda Corporation made the following cash purchases during 2020, which is the free year in which Aranda invested in curtes 1. On January 15. purchased 10.000 shares of Sanches Company's common stock at $33.50 share plus commission $1.900 2. On AprilL purchased 5.000 shares of Vicario's common wock 52 per share plus commission 11 3. On September 16, purchased 7.000 shares of WTA preferred mock at $26.50 per share plus commission 4.10. On May 20, 2020, Aranda rold 400 shares Sanches Company's common stock market price of 535 share le brokerage commissions, es, and fees of 53.850. The yearend for values per Sanches Vicari 45 and WTA 128 In addition, the chief count of Aranda told you that the corporation plans to hold these securities for the long term but may well them in order to profits from appreciation in prices. The equity method of accounting for the sack purchases Prepare the journal entries to record the above three security purchases (Round was to decimal places. p. 2.500 Credit accounts are sutomatically indented when and Domaindet manually. If entry required select "No Entry for the account tiles and enter for the amounts) Account Titles and please Debi Credit 0) Exercise 17-11 Aranda Corporation made the following cash purchases during 2020, which is the free year in which Aranda invested in curtes 1. On January 15. purchased 10.000 shares of Sanches Company's common stock at $33.50 share plus commission $1.900 2. On AprilL purchased 5.000 shares of Vicario's common wock 52 per share plus commission 11 3. On September 16, purchased 7.000 shares of WTA preferred mock at $26.50 per share plus commission 4.10. On May 20, 2020, Aranda rold 400 shares Sanches Company's common stock market price of 535 share le brokerage commissions, es, and fees of 53.850. The yearend for values per Sanches Vicari 45 and WTA 128 In addition, the chief count of Aranda told you that the corporation plans to hold these securities for the long term but may well them in order to profits from appreciation in prices. The equity method of accounting for the sack purchases Prepare the journal entries to record the above three security purchases (Round was to decimal places. p. 2.500 Credit accounts are sutomatically indented when and Domaindet manually. If entry required select "No Entry for the account tiles and enter for the amounts) Account Titles and please Debi Credit 0)

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