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q8: q9: q10: Nagen Company had these transactions pertaining to share investments: Feb. 1 Purchased 2,000 shares of Horton Company (108) for 34,000 cash. Jurie

q8:
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Nagen Company had these transactions pertaining to share investments: Feb. 1 Purchased 2,000 shares of Horton Company (108) for 34,000 cash. Jurie 1 Received cash dividends of E2 per share on Horton shares. Oct. 1 Sold 800 Horton shares for {15,600. The entry to record the receipt of the dividends on June 1 would include a debit to Dividend Revenue for f4,000. debit to Share lnvestments for k4.000. credii to Dividend Revenue for 4,000. credit to Share livestments for $4,000 : Current Attempt in Progress Nagen Company had thesetransactions pertaining to share imvestments: Feb. 1 Purchased 2,000 shares of Horton Company 110,56 for $34,000 cash. Jume 1 Recerved cash dividends of 92 per share on Horton shares. Cet. 1 Sold 800 Horton shares for F1.5,600 The entry to record the sale of the shares would include a Credit to Gain on Sale of Share Investments for $3,600. redit to Gain on Sale of Share investments for $2,000. debit to Share investments for f13.600. debit to Cash for 613,600. Dobson inc. earns 1,350,000 and pays cash dividends of 450,000 during 2020. Corrwell Corporation owns 70,000 of the 210,000 outstanding shares of Dobson. How much revenue trom investment should Gormwell report in 2020 ? 6450.000 600.000 +150.000 +6300,000 eTextbook and Media

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