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Know All Investments completed the following investment transactions during 2018: (Click the icon to view the transactions.) estic - O More Info Purchased 500 shares
Know All Investments completed the following investment transactions during 2018: (Click the icon to view the transactions.) estic - O More Info Purchased 500 shares of Phyflexon stock, paying $45 per share. The investment represents 2% ownership in Phyflexon's voting stock. Know All does not have significant influence over Phyflexon. Know All intends to hold the investment for the Jan. 14 indefinite future. Aug. 22 Received a cash dividend of $0.48 per share on the Phyflexon stock. Dec. 31 Adjusted the Phyflexon investment to its current market value of $49. fons k.) re voti Print Done Ans Requirements 1 1. Journalize the entries for 2018. Explanations are not required. 2. What account(s) and amount(o), if any, would be reported on Know All's income statement for the year onded December 31, 2018
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