Listed below are a few events and transactions of Kodax Company 2017 Jan. 2 Purchased 20,000 shares of Grecco Co. common stock for $414,000 cash plus a broker's fee of $3,600 cash. Grecco has 100,880 shares of common stock outstanding, and its policies will be significantly influenced by Kodax. Sept. 1 Grecco declared and paid a cash dividend of $2.10 per share. Dec. 31 Grecco announced that net income for the year is $495,980. 2018 June 1 Grecco declared and paid a cash dividend of $2.70 per share. Dec. 31 Grecco announced that net income for the year is $715,400. Dec. 31 Kodax sold 12,000 shares of Grecco for $350,000 cash. Prepare journal entries to record the above transactions and events of Kodax Company. (Do not round Intermediate calculations and round your final answers to the nearest dollar amount.) View transaction list Journal entry worksheet 2 3 4 5 6 Purchased 20,000 shares of Grecco Co. common stock for $414,000 cash plus a broker's fee of $3,600 cash. Grecco has 100,000 shares of common stock outstanding, and its policies will be significantly influenced by Kodex. Note Enterde before credits Date General Journal Debit Credit Jan 02. 2017 Saved June 1 Grecco declared and paid a cash dividend of $2.70 per share. Dec. 31 Grecco announced that net income for the year is $715,400. Dec. 31 Kodax sold 12,090 shares of Grecco for $350,890 cash. Prepare journal entries to record the above transactions and events of Kodax Company. (Do not round Intermediat round your final answers to the nearest dollar amount.) View transaction list Journal entry worksheet 3 4 5 6 Grecco declared and paid a cash dividend of $2.10 per share. Note: Enter debits before credits Date General Journal Debit Credit Sep 01, 2017 Record entry Clear entry View general journal significantly influenced by Kodax. Sept. 1 Grecco declared and paid a cash dividend of $2.10 per share. Dec. 31 Grecco announced that net income for the year is $495,900. 2018 June 1 Grecco declared and paid a cash dividend of $2.70 per share. Dec. 31 Grecco announced that net income for the year is 5715, 400. Dec. 31 Kodax sold 12,000 shares of Grecco for $350,000 cash. Prepare journal entries to record the above transactions and events of Kodax Company. (Do not round Intermediate round your final answers to the nearest dollar amount.) View transaction list Journal entry worksheet Grecco announced that net income for the year is $495,900. Note: Enter debits before credits Date General Journal Debit Credit Dec 31, 2017 significantly influenced by Rocax. Sept. 1 Grecco declared and paid a cash dividend of $2.10 per share. Dec. 31 Grecco announced that net income for the year is $495,900. 2018 June 1 Grecco declared and paid a cash dividend of $2.70 per share. Dec. 31 Grecco announced that net income for the year is $715,490. Dec. 31 Kodax sold 12,000 shares of Grecco for $350,000 cash. Prepare journal entries to record the above transactions and events of Kodax Company. (Do not round Intermediate round your final answers to the nearest dollar amount.) View transaction list Journal entry worksheet Grecco declared and paid a cash dividend of $2.70 per share, Note: Enter debits before credits. Date General Journal Debit Credit Jun 01. 2018 significantly influenced by kogax. Sept. 1 Grecco declared and paid a cash dividend of $2.10 per share. Dec. 31 Grecco announced that net income for the year is $495,900. 2018 June 1 Grecco declared and paid a cash dividend of $2.70 per share. Dec. 31 Grecco announced that net income for the year is $715,400. Dec. 31 Kodax sold 12,000 shares of Grecco for $350,000 cash. Prepare journal entries to record the above transactions and events of Kodax Company. (Do not round Intern round your final answers to the nearest dollar amount.) View transaction list Journal entry worksheet
