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On January 1, Zabel urchased a 25% equity in Helbert Corporation for $189,000. At December 31, Helbert dedlared and paid a $48,000 cash dividend and

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On January 1, Zabel urchased a 25% equity in Helbert Corporation for $189,000. At December 31, Helbert dedlared and paid a $48,000 cash dividend and reported net income of $190,000. Your answer is partially cored Try again. Journalize the transactions. (Credit account titles are autonatically indented when amount is.nternd D.M.ndent min elly mumin hmqmd vint-N.mim -the muni Exercise 67 litOf Accounts . Google Ouone Date Account Titles and Explanation Debit a https://edugen wleyplus.c 41915 Jan. 1. List of Accounts Cash Exercise 16-7 Dec. 31Cash Debt Investments Dividend Reverue Fair Value Adjustment-Available-for-Sale Fair Value Adjustment-Trading Gain on Sale of Debt Investments Gain on Sale of Stock nvestments Fair Value t-Trading (To record dividends received) Dec. 31 Dividend Revenue Interest Receivable Interest Revenue Loss on Sale of Debt Irvestments Loss on Sale of Stock Investments No Entry Revenue from Stock Investments hortTermm Investments Interest Receivable (To record equity in Helbert Corporation's net income) Unrealized Gain or Loss-Equity Unrealized Gain-Income Urrealred Loss-income SHOW LIST OF ACCOUNTS VIDE o som AR

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