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its suppose to be two accounts not three Riverbed Corporation purchased 300 common shares of Burke Inc for $23.250 and accounted for them using FV-OCI

image text in transcribed its suppose to be two accounts not three
Riverbed Corporation purchased 300 common shares of Burke Inc for $23.250 and accounted for them using FV-OCI During the year, Burke paid a cash dividend of $325 per share. At year end, Burke shares had a fair value of $74.50 per share Prepare Riverbed's journal entry to record the purchase of the investment. (Credit account titles are automatically Indented when the amount is entered. Do not indent manuali I no entry is required, select "No Entry for the account titles and enter for the amounts) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Prepare Riverbed's journal entry to record the dividends received (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Prepare Riverbed's journal entry to record the fair value adjustment. (Credit account elles are automatically indented when the amount is entered Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Account Titles and Explanation Debit Credit

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