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Money Man Investments completed the following investment transactions during 2018: (Click the icon to view the transactions.) Requirements 1. Journalize the entries for 2018. Explanations
Money Man Investments completed the following investment transactions during 2018: (Click the icon to view the transactions.) Requirements 1. Journalize the entries for 2018. Explanations are not required. 2. What account(s) and amount(s), if any, would be reported on Money Man's income statement for the year ended December 31, 2018? i More Info R credits. Exclude explanations from journal en cl hership in Sysky's voting stock. Money Man Purchased 600 shares of Sysky stock, paying $59 per share. The investment represents 4% ownership in Sysky's voting stock. Money Man does not have significant influence over Sysky. Money Man intends to hold the investment for Jan. 14 the indefinite future. Aug. 22 Received a cash dividend of $0.58 per share on the Sysky stock. Dec. 31 Adjusted the Sysky investment to its current market value of $61. CH
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