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Prepare the journal entries for the 2024 sale of the investment in Ahn, including reclassifying holding gains or losses to retained earnings and for the

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Prepare the journal entries for the 2024 sale of the investment in Ahn, including reclassifying holding gains or losses to retained earnings and for the dividend recelved from Burnham. (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 0 for the amounts. Record entries in the order displayed in the problem statement. List all debit entries before credit entries.) Prepare the journal entries for the 2024 sale of the investment in Ahn including reclassifying holding gains or losses to retained earnings and for the dividend received from Burnham. (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 0 for the amounts, Record entries in the order displayed in the problem statement. List all debit entries before credit entries.) Show Attempt History Current Attempt in Progress At December 31, 2023, the equity investments of Ayayai Inc, that were accounted for using the FV-OCI model without recycling were as follows: Because of a change in relationship with Ahn. Ayayai sold its investment in Ahn for $153,100 on January 20, 2024. No other investments were acquired or sold during 2024; however, a dividend of $1.200 was received from Burnham in June. At December 31. 2024, the fair values of Burnham and Chi shares were $152,400 and $72,000, respectively. Prepare the journal entries for the 2024 sale of the investment in Ahn, including reclassifying holding gains or losses to retained carnings and for the dividend received from Burnham. (Credit account titles are automatically indented when the omount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record entries in the order displayed in the problem statement. List all debit entries before credit entries.)

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