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Green Back Investments completed the following investment transactions during 2018 (Click the icon to view the transactions.) Requirements 1. Journalize the entries for 2018. Explanations
Green Back Investments completed the following investment transactions during 2018 (Click the icon to view the transactions.) Requirements 1. Journalize the entries for 2018. Explanations are not required 2. What account(s) and amounts), if any, would be reported on Green Back's income statement for the year ended December 31, 2018? Requirement 1. Journalize the entries for 2018 Explanations are not required. (Record debits first then credits Exclude explanations from journal entries. If no entry is required, select "No entry required on the first line the Accounts column and leave the remaining cells blank.) Jan. 14. Purchased 500 shares of Robotic stock paying $54 per share. The investment represents 2% ownership in Robotic's voting stock. Green Back does not have significant influence over Robotic Green Back intends to hold the investment for the indefinite future. Accounts Debit Date Credit Jan 14 More Info Jan 14 Purchased 500 shares of Robotic stock paying $54 per share. The investment represents 2% ownership in Robotics voting stock Green Back does not have significant influence over Robotic Green Back intends to hold the investment for the indefinite future Aug 22 Received a cash dividend of 50 54 per share on the Robotic stock Dec 31 Adjusted the Robotic investment to its current market value of $59. Print Done Choose from any list or enter any number in the input fields and then click. Check
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