list of accounts

Bonds Payable

Buildings

Cash

Cash Dividends

Common Stock

Common Stock Dividends Distributable

Debt Investments

Discount on Bonds Payable

Dividend Revenue

Dividends Payable

Fair Value Adjustment-Available-for-Sale

Fair Value Adjustment-Stock

Fair Value Adjustment -Trading

Gain on Sale of Debt Investments

Gain on Sale of Stock Investments

Interest Expense

Interest Payable

Interest Receivable

Interest Revenue

Loss on Sale of Debt Investments

Loss on Sale of Stock Investments

No Entry

Paid-in Capital in Excess of Par-Common Stock

Revenue from Stock Investments

Short-Term Investments

Stock Dividends

Stock Investments

Unrealized Gain or Loss-Equity

Unrealized Gain or Loss-Income

On January 1, Pharoah Corporation purchased a 25\% equity in Helbert Corporation for $177,000. At December 31, Helbert declared and paid a $50,200 cash dividend and reported net income of $196,000. (a) Journalize the transactions. (List all debit entries before credit entries, Credit occount titles are automaticolly indented when amount is: entered. Do not indent manually. If no entry is required, select "No entry" for the occount tittes and enter O for the amounts. Record journal entries in the order presented in the problem.) Determine the amount to be reported as an investment in Helbert stock at December 31 . Investment in Helbert, December 31