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QUESTION 4 Equity Investment 01/02/18 ABC Co purchased 5400 shares (250 of CRM Company for $13.500. ABC has significan influence over CRM Company in July,

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QUESTION 4 Equity Investment 01/02/18 ABC Co purchased 5400 shares (250 of CRM Company for $13.500. ABC has significan influence over CRM Company in July, 2018 CAM declared and padas con persate dividend on the CRM Stock For the year ended 12/31/18 CRM reported net income of 5127.000. At 12/31/18. the market price of CRM stock rose 3.25 per share REQUIRED: 1 Record the journal entries for the 2018 transactions 2 What is the balance ADC Coinvestment in CRM Company By At 12/31/1, ABC sold the CAM investment for 541 500 record the jurnal y for the For the toolbar.press ALT FOR ALTIN 10 Mac TTT Ariel

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