FT Corporation reported the following amounts on its balance sheet at the start of the year:...

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FT Corporation reported the following amounts on its balance sheet at the start of the year: Short-term investments Investments in significantly influenced and other companies 104,000 15,000,000 Assume that FT Corporation completed the following investment transactions during 2020. (Click the icon to view list of transactions.) Required Requirement 1. Record the transactions in the general journal of FT Corporation. Mar. 2. Purchased 2,000 common shares as a short-term investment, paying $38.00 per share plus brokerage commission of $900 (Record d Journal Entry Date Accounts Mar 2 Short-Term Investments Commissions Expense Debit Credit 76,000 900 FT Corporation reported the following amounts on its balance sheet at the start of the year: Short-term investments Investments in significantly influenced and other companies 104,000 15,000,000 Assume that FT Corporation completed the following investment transactions during 2020. (Click the icon to view list of transactions.) Required Requirement 1. Record the transactions in the general journal of FT Corporation. Mar. 2. Purchased 2,000 common shares as a short-term investment, paying $38.00 per share plus brokerage commission of $900 (Record d Journal Entry Date Accounts Mar 2 Short-Term Investments Commissions Expense Debit Credit 76,000 900