k Received $27.500 dividend from Pinkberry Cinvestment in ) Description Credit Cast Investment in Pinkberry Co. Stock Debit 1. Purchased 190,000 of Dream Inc 10-year, 5% bonds, directly from the lasing company at their face amount plus carved interest of 5375. The bonds are assified as shell-to-maturity long-term investment Description Debit Credit Investments in Dream Inc. Bonds Interest Receivable Cash m. Sold, at $38 per share, 2.600 shares of treasury common stock purchased in (a). Description Cash Treasury Stock Pald-In Capital from Sale of Treasury Stock n. Received a dividend of 10.60 per share from the Solstice Corp. Investment in Description Credit Cash Dividend Revenue 6. Sold 1,000 shares of Solstice Corp. at $45, including commission Description Debit Cash Gain on Sale of Investment Investments in Solstice Corp. Stoch Recorded the payment of semiannual interest on the bonded in (c) and the nation of the premium for six month. The amortization is determined in the straight-line method Interest Expense Premium on Hands Payable Cash Accrued interest for three months on the Dream Inc, bonds purchased in 0. Description Debit Interest Receivable Interest Revenue Abery Co, recorded total earnings of $240,000. Equine Products recorded equity earnings for its share of Pinkberry Co. net income Description Debit Credat Investment in Pinkberry Co. Stock Income from Pinkberry Cov k Received $27.500 dividend from Pinkberry Cinvestment in ) Description Credit Cast Investment in Pinkberry Co. Stock Debit 1. Purchased 190,000 of Dream Inc 10-year, 5% bonds, directly from the lasing company at their face amount plus carved interest of 5375. The bonds are assified as shell-to-maturity long-term investment Description Debit Credit Investments in Dream Inc. Bonds Interest Receivable Cash m. Sold, at $38 per share, 2.600 shares of treasury common stock purchased in (a). Description Cash Treasury Stock Pald-In Capital from Sale of Treasury Stock n. Received a dividend of 10.60 per share from the Solstice Corp. Investment in Description Credit Cash Dividend Revenue 6. Sold 1,000 shares of Solstice Corp. at $45, including commission Description Debit Cash Gain on Sale of Investment Investments in Solstice Corp. Stoch Recorded the payment of semiannual interest on the bonded in (c) and the nation of the premium for six month. The amortization is determined in the straight-line method Interest Expense Premium on Hands Payable Cash Accrued interest for three months on the Dream Inc, bonds purchased in 0. Description Debit Interest Receivable Interest Revenue Abery Co, recorded total earnings of $240,000. Equine Products recorded equity earnings for its share of Pinkberry Co. net income Description Debit Credat Investment in Pinkberry Co. Stock Income from Pinkberry Cov
