INVESTMENTS $($EQUITY METHOD$)$

On January $1,2019$ Yard Yardy purchase $25\%$ of the shares of DEF Co for $$300,000.$ At

December $31,2019$ DEF Co$.$ has earnings of $$100,000$ and paid dividends of $$50,000.$ On the

Books of Yard Yardy, Record the following entries:$-$

a$.$ January $1,2019$ b$.$ December $31,2019$c$.$ Prepare a T Account to show the balance in the

investment account at Dec. $31,2019$