mer in one year that will 19. What is the amount of revenues from a single customer in one cause it to be a major customer Kirk owns 20% of McCoy and has a balan December 31, 2015. On January 1, 2016 Kirk purchases andditonloalt ce in its investment of $300,000 20, onal 4 ownership for $800,000. Kirk debits its investment in McCoy for $800. and credits Cash for $800,000. What additional entry is Kirk required to make. 21. Stone owns 60% of Rock and has a balance in its investment of $800,000 December 31, 2015. On January 1, 2016 Stone purchases an additional 25 ownership for $300,000. Stone debits its investment in Rock for $300,000 at What additional entry is Stone required to make