Question 3. F:15

Strategic Investments completed the following investment transactions during 2024 : (Click the icon to view the transactions.) Requirements 1. Journalize the entries for 2024 . Explanations are not required. 2. What account(s) and amount(s), if any, would be reported on Strategic's income statement for the year ended December 31 , 2024? Requirement 1. Journalize the entries for 2024. 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 800 shares of Voltexar stock, paying $50 per share. The investment represents 3% ownership in Voltexar's voting stock. Strategic does not have significant influence over Voltexar. Strategic intends to hold the investment for the indefinite future. More info Jan. 14 Purchased 800 shares of Voltexar stock, paying $50 per share. The investment represents 3% ownership in Voltexar's voting stock. Strategic does not have significant influence over Voltexar. Strategic intends to hold the investment for the indefinite future. Aug. 22 Received a cash dividend of $0.82 per share on the Voltexar stock. Dec. 31 Adjusted the Voltexar investment to its current market value of $55