Question
Jud Delivery King intends to hold the investment for the indefinite future. 22 Received a cash dividend of $1.25 per share on the Technomite investment
Jud Delivery King intends to hold the investment for the indefinite future. 22 Received a cash dividend of $1.25 per share on the Technomite investment Dec 31 Adjusted the Technomite investment to its current market value of $5,100. 1. Journallize Delivery King's investment transactions. Explanations are not required. 2 Show how to report the investment and any unrealized gain or loss on Delivery King's balance sheet at December 31, 20x6. Ignore income tax. 1. Joumaliza Delivery King's investment transactions. Explanations are not required. (Record debits first, then credits. Explanations are not required. Leave any unused calls blank) Purchased 300 Technomite shares, paying $22 per share. Delivery King intends to hold the investment for the indefinite future. Date Apr 10 Journal Entry Accounte Debit Credit Received a cash dividend of $1.25 per share on the Technomite investment Journal Entry Date 3.1 Accounts Debit Credit Adjusted the Technomite investment to its cument market value of $5,100 Date Doc Journal Entry Accounts Debit Credit 2. Show how to report the investment and any unrealized gain or loss on Delivery King's balance sheet at December 31, 20X5 ignora income tax. (Use a parentheses or a minus sign when entering losses) Delivery King Balance Sheet (Partial) Assets December 31, 20X5 $XXXX Shareholders' Equity Choose from any list or enter any number in the input fields and then continue to the next
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