Please answer all parts
Money Man Investments completed the following investment transactions during 2018: (Click the icon to view the transactions.) Requirements 1. Journalize the entries for 2018. Explanations are not required. 2. What account(s) and amount(s), if any, would be reported on Money Man's income statement for the year ended December 31, 2018? Requirement 1. Journalize the entries for 2018. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries. If no entry is required, select "No entry required" on the first line of the Accounts column and leave the remaining cells blank.) Jan. 14: Purchased 400 shares of Technomite stock, paying $47 per share. The investment represents 4% ownership in Technomite's voting stock. Money Man does not have significant influence over Technomite. Money Man intends to hold the investment for the indefinite future. Date Accounts Debit Credit i More Info Jan. 14 Jan. 14 Purchased 400 shares of Technomite stock, paying $47 per share. The investment represents 4% ownership in Technomite's voting stock. Money Man does not have significant influence over Technomite. Money Man intends to hold the investment for the indefinite future. Aug. 22 Received a cash dividend of $0.66 per share on the Technomite stock. Dec. 31 Adjusted the Technomite investment to its current market value of $48. Print Done Manchester Today Publishers completed the following investment transactions during 2018 and 2019: (Click the icon to view the transactions.) Requirements 1. Journalize Manchester Today's investment transactions. Explanations are not required. 2. On December 31, 2018, how would the Golden stock be classified and at what value would it be reported on the balance sheet? Requirement 1. Journalize Manchester's investment transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries. If no entry is required, select "No entry required" on the first line of the Accounts column and leave the remaining cells blank.) Dec. 6, 2018: Purchased 3,000 shares of Golden stock at a price of $16.00 per share, intending to sell the investment next month. Manchester did not have significant influence over Golden. Date Accounts Debit Credit More Info 2018 Dec. 6 2018 Dec. 6 Purchased 3,000 shares of Golden stock at a price of $16.00 per share, intending to sell the investment next month. Manchester did not have significant influence over Golden. 23 Received a cash dividend of $1.10 per share on the Golden stock. 31 Adjusted the investment to its market value of $12.00 per share. 2019 Jan. 27 Sold the Golden stock for $13.30 per share. Print Print Done Done
