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Question Help E15-12 (similar to) Trader Investments completed the following investment transactions during 2018 1 (Click the icon to view the transactions) Read the requirements

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Question Help E15-12 (similar to) Trader Investments completed the following investment transactions during 2018 1 (Click the icon to view the transactions) Read the requirements Requirement 1. Joumalize Trader's investment transactions Explanations are not requiredRecord debts first, then credits. Exclude explanations from ournal entries. If no entry required, select "No entry required" on the first line of the Accounts column and leave the remaining cells blank.) Jan. 14 Purchased 1.200 shares of Tycon stock, paying 541 per share. The investment represents 3% ownership in Tycon's voting stock. Trader does not have significant influence over Tycon. Trader intends to hold the investment for the indefinite future. Date Accounts Debit Credit Jan. 14 Choose from any list or enter any number in the input fields and then click Check Answer 5 parts Requirements ations f investment on the first der doe Tycon stoc westment fo Aca 1. Journalize Trader's investment transactions. Explanations are not required. 2. Classify and prepare a partial balance sheet for Trader's Tycon investment as of December 31, 2018. 3. Prepare a partial income statement for Trader Investments for year ended December 31, 2018. Print Done More Info atio COC fo ader Jan. 14 Purchased 1,200 shares of Tycon stock, paying $41 per share. The investment represents 3% ownership in Tycon's voting stock. Trader does not have significant influence over Tycon. Trader intends to hold the investment for the indefinite future. Aug. 22 Received a cash dividend of $0.86 per share on the Tycon stock. Dec. 31 Adjusted the investment to its current market value of $38 per share. 31 Tycon reported net income of $420,000 for the year ended 2018 Done

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