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GL1501 (Algo)- Based on Problem 15-4A LO P4 JCW Corporation had no short-term investments prior to this year. It had the following transactions this

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GL1501 (Algo)- Based on Problem 15-4A LO P4 JCW Corporation had no short-term investments prior to this year. It had the following transactions this year involving short-term stock Investments with insignificant influence. April 16 Purchased 5,500 shares of Barcelona Company stock at $25 per share. July 7 July 20 August 15 August 28 October 1 December 15 December 31 Purchased 4,000 shares of Lafayette Company stock at $50 per share. Purchased 1,800 shares of Fields Company stock at $17 per share. Received an $1.30 per share cash dividend on the Barcelona Company stock. Sold 3,300 shares of Barcelona Company stock at $28 per share. Received a $2.90 per share cash dividend on the Lafayette Company shares. Received a $1.60 per share cash dividend on the remaining Barcelona Company shares. Received a $2.30 per share cash dividend on the Lafayette Company shares. General Journal General Ledger Trial Balance Fair Value Adj Transaction Analysis Fin St Impact Requirement Prepare journal entries to record each of the transactions and events. Prepare the year-end adjustment to fair value, if any. View transaction list View journal entry worksheet No Date Account Title. 1 Apr 16 Stock investments Cash Debit Credit 137,500 137.500.

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