no entry is required for a transaction/event, select "No journal entry required in the first account field. Do not und intermediate calculations. Round your final answers to the nearest whole dollar amount) Mar 1 PALE $62,500 to purchaid $63,000, and payable of Action Corporation dated Perch 3. There Sone 1. agent intends to tim Apr. 3 Bught 3,100 shares of Brandon Mars at $26.58. There was 335 transaction for included in the aveeted payment amount. June $15 transection fee included in the above-tel peysent 1 Received cheque from Action Corporation regarding quarterly 1 Brandtors beard of directors deled a ddend of $0.75 per share to sharehales of an 15 Received the endos tors dividend Sept, 3 ceived a cheque from Action Corporation regarding quarterly r 17 Perchased 25,100 Deghin Inc. shares at $1.40. There s $25 transection for Oct. 2 Seld the Brandon Motors shares at $31.20 Dec 2014 1eceived a cheque from Action Corporation regarding quarterly ield the Action Corporation and at 31 31 Accrued interest on the Collingd bond. The fair value of the city eurity on this $3.70. The carrying value elled the fair value for the Dilllegod sond Apr Received a cheque from Collinged Corporation regarding t Journal entry worksheet 14 Record the purchase of 502,000, 2-year, t.0% bond payable to be held as an Investment Date General Journal Debit Crede Mar 012023 Record entry Clear try effect be on the income Analysis Component If the fair value adjusting entry on December 31, 2023, were not recorded, what would the effec statement and balance sheet Income Statement Balance Sheet Based on your understanding of GAAP would be better or worse to onilt an investment loss than vestment income Better Worse