On January 2, Ubuy.com paid $230,000 to acquire 25 percent (23,000 shares) of the common stock of E- Net Corporation. The accounting period for both companies ends December 31. July 2 E-Net declared and paid a cash dividend of $4 per share. Dec. 31 E-Net reported net income of $330,000. Required Prepare the journal entries for the purchase on January 2 and for each of the above transactions that occurred during the year. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 Record the acquisition of 23,000 shares (25%) of the common stock of E-Net Corporation. Note: Enter debits before credits. Date General Journal Debit Credit Jan 02 Record entry Clear entry View general journal