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Manchester Today Publishers completed the following investment transactions during 2024 and 2025 Click the icon to view the transactions.) Requirements 1. Journalize Manchester Today's investment
Manchester Today Publishers completed the following investment transactions during 2024 and 2025 Click the icon to view the transactions.) Requirements 1. Journalize Manchester Today's investment transactions. Explanations are not required. 2. On December 31, 2024. how would the Golden stock be classified and at what value would it be reported on the balance sheet? Requirement 1. Journalize Manchester'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.) Dec. 8. 2024: Purchased 3.000 shares of Golden stock at a price of $18.00 per share intending to sell the investment next month. Manchester did not have significant influence over Golden Date Accounts Debit Credit 2024 Dec. 6 - X More Info Dec. 6, 2024 Dec. 23, 2024 Dec 31, 2024 Jan. 27, 2025 Purchased 3,000 shares of Golden stock at a price of $18.00 per share. intending to sell the investment next month. Manchester did not have significant influence over Golden Received a cash dividend of $1.40 per share on the Golden stock. Adjusted the investment to its market value of $17.00 per share. Sold the Golden stock for $17.80 per share
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