George Company, a public company, adopted IFRS standards since 2011. It has a year-end of December 31. The following activities are related to its investments over the course of three years. Create the Journal Entries by dragging text to the correct box. 1) On February 2, 2016, George Company acquired 5% of the 1,000,000 outstanding common shares of Helen Company, for the purpose of short-term trading, at $17.45 per share. 872.500 872.500 On December 31, 2016, George Company received a cash dividend from Helen Company for $1.50 per share. 2) 3) On December 31, 2016, Helen Company's common shares were traded for $16.55 per share on the local stock exchange. 4) On March 16, 2017, George Company purchased 150,000 of 1,000,000 outstanding common shares of Siya Company for a market price of $10.00 per share. The purpose of this investment was short term trading 5) On December 31, 2017, George Company received a cash dividend payment of $1.50 per share from Helen Company and $1 per share from Siya Company 6) The shares of Helen Company and Siya Company were trading at $17.50 and $9.00 per share respectively on December 31, 2017. 7) Shares for $17.75 each. On January 31, 2018, George Company sold the Helen Company 2) On December 31, 2016, George Company received a cash dividend from Helen Company for $1.50 per share. 3) On December 31, 2016, Helen Company's common shares were traded for $16.55 per share on the local stock exchange. 4) On March 16, 2017, George Company purchased 150,000 of 1,000,000 outstanding common shares of Siya Company for a market price of $10.00 per share. The purpose of this investment was short term trading 5) On December 31, 2017. George Company received a cash dividend payment of $1.50 per share from Helen Company and $1 per share from Siya Company 6) The shares of Helen Company and Siya Company were trading at $17.50 and $9.00 per share respectively on December 31, 2017 7) On January 31, 2018, George Company sold the Helen Company Shares for $17.75 each. Debit Credit Cash Short Term Investment - Siya Short Term Investment - Helen Dividend Revenue Gain on Fair Value Adjustment Loss on Fair Value Adjustment 150.000 225.000 47.500 45,000 12.500 875.000 1.500.000 75,000 887,500 872,500