i need help on requirements 2-4
The beginning balance sheet of Journey Source Co Included an $860,000 investment in Est stock (35% ownership, Journey has significant influence over Ext). During the year, lumey Source completed the following investment transactions: Click the icon to view the transactions.) Read the requirements Equity Investments-Est Revenue from Investments Dividend Revenue Equity Investments 5121 Fair Value Adjustment Equity Investments Choose from any list or enter any number in the input fields and then click Check Answer, Check Answer Ship, Journey has significant influe ompleted the following investment transactions: to view the transactions.) ents. quity Investment More Info Mar. 3 May 15 Equity Investm Dec. 15 Purchased 9,500 shares at $11 per share of Rim Software common stock as a long-term equity investment, representing 1% ownership, no significant influence. Received a cash dividend of $0.93 per share on the Rim investment. Received a cash dividend of $90,000 from Est investment. Received Est's annual report showing $120,000 of net income. Received Rim's annual report showing $900,000 of net income for the year. Est's stock fair value at year-end was $812,000. Rim's common stock fair value at year-end was $12 per share. Dec. 31 Dec. 31 Dec. 31 Dec. 31 Adjustment-Eq Print Done any list or enter any number in the input fields and then click Check Answer. Clear All e transactions.) tment Requirements M vestm D 1. Journalize the transactions for the year of Journey Source. 2. Post transactions to T-accounts to determine the December 31, 2018, ances related to the investment and investment income accounts. 3. Prepare Journey Source's partial balance sheet at December 31, 2018, from your answers in Requirement 2. 4. Where is the unrealized holding gain or loss associated with the Rim stock reported? D D D D t-Eq Print Done enter any number in the input fields and then click Check