On May 15, 2018, Mayer Co. invests $8,000 in John, Inc. stock. John pays Mayer a $200 dividend on November 15, 2018. Mayer sells the John stock on December 10, 2018, for $7,500. Assume the Mayer Co does not have significant influence over John, Inc. Journalize the 2018 transactions related to Mayer's investment in John stock. eck your answere online in MA On August 20, 2018, Mraz, Co. decides to invest excess cash of $2,500 by purchasing Virginia, Inc. bonds. At year-end December 31, 2018, the market price of the bonds was $2,000. The investment is categorized as available-for-sale debt Journalize the adjusting entry needed at December 31, 2018