m an ansactions of Kodax Company. Year 1 Jan. 2 Purchased 87,000 shares of Grecco Co. common stock for $536,000 cash. Grecco has 261,000 shares of common stock outstanding, and its activities will be significantly influenced by Kodax. Sept. 1 Grecco declared and paid a cash dividend of $1.40 per share. Dec. 31 Grecco announced that net income for the year is $509,400. Year 2 June 1 Grecco declared and paid a cash dividend of $3.ee per share. Dec. 31 Grecco announced that net income for the year is $737,900. Dec. 31 Kodax sold 12, eee shares of Grecco for $98,800 cash. Prepare journal entries to record the above transactions and events of Kodax Company. (Do not round intermediate calculations a round your final answers to the nearest dollar amount.) View transaction list Journal entry worksheet 1 2 3 4 5 6 Purchased 87,000 shares of Grecco Co. common stock for $536,000 cash. Grecco has 261,000 shares of common stock outstanding, and its activities will be significantly influenced by Kodax. Note: Enter debits before credits General Journal Debit Credit Date Jan. 2. Year 1 77 EIR wat net income for the year is $509,400. Year 2 June 1 Grecco declared and paid a cash dividend of $3.00 per share. Dec. 31 Grecco announced that net income for the year is $737,900. Dec. 31 Kodax sold 12,000 shares of Grecco for $98, ese cash. Prepare journal entries to record the above transactions and events of Kodax Company. (Do not round inter round your final answers to the nearest dollar amount.) View transaction list Journal entry worksheet Grecco declared and paid a cash dividend of $1.40 per share. Note: Enter debits before credits. General Journal Debit Credit Date Sept. 1, Year 1 lunce that net income for the year is $589, 480. Year 2 June 1 Grecco declared and paid a cash dividend of $3.00 per share. Dec. 31 Grecco announced that net income for the year is $737,900. Dec. 31 Kodax sold 12,eee shares of Grecco for $98,000 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 Grecco announced that net income for the year is $509,400. Note: Enter debits before credits. General Journal Debit Credit Date Dec. 31, Year 1 LUCK POP $536,000 cash. Grecco has 261,000 sh 15 dctivities will be significantly influenced by Koday. Sept. 1 Grecco declared and paid a cash dividend of $1.40 per share. Dec. 31 Grecco announced that net income for the year is $509,400. 5:52 Year 2 June 1 Grecco declared and paid a cash dividend of $3.00 per share. Dec. 31 Grecco announced that net income for the year is $737,900. Dec. 31 Kodax sold 12,000 shares of Grecco for $98,000 cash. Prepare journal entries to record the above transactions and events of Kodax Company. (Do not round round your final answers to the nearest dollar amount.) View transaction list Journal entry worksheet Kodax sold 12,000 shares of Grecco for $98,000 cash. Note: Enter debits before credits. General Journal Date Dec. 31, Year 2 Debit Credit