Know All Investments completed the following investment transactions during 2024: (Click the icon to view the transactions.) Read the requirements Requirement 1. Journalize Know All's investment transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries. If no entry is required. select "No entry required" on the first line of the Accounts column and leave the remaining cells blank) Jan. 14: Purchased 900 shares of Voltexar stock, paying $56 per share. The investment represents 3% ownership in Voltexar's voting stock. Know All does not have significant influence over Voltexar. Know All intends to hold the investment for the indefinite future. Date Jan. 14 Accounts Debit Credit Requirements 1. Journalize Know All's investment transactions. Explanations are not required. 2. Classify and prepare a partial balance sheet for Know All's Voltexar investment as of December 31, 2024. 3. Prepare a partial income statement for Know All Investments for year ended December 31, 2024. Jan. 14 Purchased 900 shares of Voltexar stock, paying $56 per share. The Aug. 22 investment represents 3% ownership in Voltexar's voting stock. Know All does not have significant influence over Voltexar. Know All intends to hold the investment for the indefinite future. Received a cash dividend of $0.85 per share on the Voltexar stock. Dec. 31 Adjusted the investment to its current market value of $53 per share. Dec. 31 Voltexar reported net income of $420,000 for the year ended 2024