o Captain Investments completed the following transactions during 2018: Click the icon to view the transactions.) Requirements 1 Journaire Captain's transactions. Explanations we not required. 2 Classily and prepare parti francial statements for Captaire 30% Voter Investment for the year anded December 31, 2018 Requirement 1. Joumalze Captain's transactions. Explanations are not required. Record debits first, then credits. Exclude explanation from jounal enties. Tro entry is required led "No cry required on the fine line of the Arts column and leave the remaining cells blank.) Jan 14: Purchased 200 shares of Votea stock, paying 911 per share. The investment represents 30% canership in Vohena's voting stock and Captain has significare intuence over Vortenar. Capitale intends to hold the investment for the indefinite future Date Accounts Debit Credit More info Jan Purchased 200 hrs of Volle sopaying 541 per share. The interesents Ownership in Volwar's voting wock and Captain a significant we ower Vote Captain tends to hold Thement for the inde future Aug 22 Received a cash didenda per share on the votero Dec 31 Vor's new 10 perare 31 Word income $220,000 for the year and 2018 Det Cred Aug 22: Received a cash dividend of $0.84 per share on the heart Date Accounts Aug 22 Done 2 Dec 31: Vol's current market value is 5:39 per share Choose from any list or enter any number in the input Selds and the one to the nation & 7 9 6 5 3 P E W Q K Captain Investments completed the following transactions during 2018: Click the icon to view the transactions.) Requirements 1. Journalize Captain's transactions. Explanations are not required. 2. Classify and prepare partial financial statements for Captain's 30%. Voltexar investment for the year ended December 31, 2018 Dec. 31: Voltexar's current market value is $39 per share. Accounts Debit Credit Dec. 31 Date Dec. 31: Voltexar reported net income of $220,000 for the year ended 2018 Date Accounts Debit Credit Dec 31 Requirement 2. Classify and prepare partial financial statements for Captain's 30% Votar investment for the year ended December 31, 2018 Begin by showing the account and amount of any assets that would appear on Captain's balance sheet as it relates to the Volterar investment at December 31, 2018 (box is not used in the financial state select a label or enter a zero.) Choose from any list or enter any number in the input fields and then continue to the next question 20 Requirement 2. Classify and prepare partial financial statements for Captain's 30% Vohexar investment for the year ended December 31, 2018 Begin by showing the account and amount of any assets that would appear on Captain's balance sheet as it relates to the Voltexar investment at December 31, 2018. (Fa box is not used in the financial stateme select a label or enter a zero) Captain Investments Balance Sheet (Partial December 31, 2018 Current Assets Long-term Assets Stockholders' Equity Accumulated Other Comprehensive Income: Complete the partial income statement for the year ended December 31, 2018 at relates to Captain's Voltar investment (Use a minus sign or parentheses to enter a los fabox is not used in the financials not select a label of enter a zero) Captain Investments Income Statement Partial Choose from any list or enter any number in the input fields and then continue to the next question MacBoob & 8 4 5 6 2 Y W E R. Tab K Long-term Assets Stockholders' Equity Accumulated Other Comprehensive Income: Complete the partial income statement for the year ended December 31, 2018 as it relates to Captain's Vohexar investment. (Use a minus sign or parentheses to enter a loves. If a box is not used in the Captain Investments Income Statement (Partial) For the Year Ended December 31, 2018 Other Income and (Expermes) Choose from any list or enter any number in the input fields and then continue to the next question goi. # 3 $ 4 % 5 7 8 2 o Y R 3 T E Q tab . G A D S
