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On January 1st 2020 the Voldomort Company made the following 2 investments: a) purchased 100 of the 10,000 shares of Potter Company for $2000, at

On January 1st 2020 the Voldomort Company made the following 2 investments:

a) purchased 100 of the 10,000 shares of Potter Company for $2000, at this time all of Potters assets had book values equal to market values

Voldomort has no influence over Potter

b) purchased 100 of the 300 shares of Hogwarts Company for $10,000 at this time all of Hogwarts assets had a book value equal to market

value except a wand which had a book value of $300 and a fair market value of $1200. The wand has a 10 year life and no salvage

Voldomort has placed his cousin Severus Snape on the board of directors of Hogwarts

On July 1st Potter Company declared and paid a $1 per share dividend

On October 1st Hogwarts Company declared and paid a $1 per share dividend

On December 31st Potter Company's stock was selling for $22 per share and Potter reported income of $20,000

On December 31st Hogwarts stock was selling for $102 per share and Hogwarts reported income of $1500

On July 1st Potter Company declared and paid a $1 per share dividend

On October 1st Hogwarts Company declared and paid a $1 per share dividend

On December 1st Potter Company had a 2 for 1 stock split

On December 31st Potter stock was selling for $10.25 per share and Potter reported a loss of $1000

On December 31st Hogwarts stock was selling for $99 per share and Hogwarts reported a loss of $400

On January 5th Voldomort sold 1/2 of his shares in Hogwarts Company at $99.50 per share and Hogwarts immediately removed Snape from its board of directors

On July 1st Potter Company reported that they would not pay any dividends this year

On December 1st Voldomort sold all of its shares in Potter Company at $10.50 per share

On December 31st, Potter's stock was selling at $11.25 per share and Potter reported income of $4000

On December 31st Hogwarts stock was selling for $100 per share and Hogwarts reported income of $900

On January 2nd Voldomort sold all of its Hogwarts stock at $99.80 per share.

A) MAKE ALL THE NECESSARY JOURNAL ENTRIES FOR VOLDOMORT CONNECTED WITH ITS INVESTMENT IN POTTER FOR 2020,2021 2022

B) MAKE ALL THE NECESSARY JOURNAL ENTRIES FOR VOLDOMORT CONNECTED WITH ITS INVESTMENT IN HOGWARTS FOR 2020,2021,2022

C FILL IN THE TABLE BELOW:

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