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Prepare all the necessary journal entries for 2022 for Ayayai Inc. 2. Ayavainc obtained significant influence over Kasey Corporation by buying 25% of Kasey's 28.200

Prepare all the necessary journal entries for 2022 for Ayayai Inc. image text in transcribed
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2. Ayavainc obtained significant influence over Kasey Corporation by buying 25% of Kasey's 28.200 outstanding shares of common stock at a total cost of 511 per share on January 1, 2022. On June 15. Kasey declared and paid a cash dividend of $32.700 on December 31, Kasey reported a net income of $117.100 for the year, Prepare all the necessary journal entries for 2022 for Ayayal Inc. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit

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