Raider Investments completed the following investment transactions during 2024: i (Click the icon to view the transactions.) Requirement 1. Journalize Raider's investment transactions. 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 700 shares of Technomite stock, paying $56 per share. The investment represents 3% ownership in Technomite's voting stock. Raider does not have significant influence over Technomite. Raider intends to hold the investment for the indefinite future. Date Accounts Jan. 14 Equity Investments Cash Aug. 22: Received a cash dividend of $0.71 per share on the Technomite stock. Date Aug. 22 Cash Dividend Revenue Accounts Debit Credit More info 39,200 39,200 Jan. 14 Purchased 700 shares of Technomite stock, paying $56 per share. The investment represents 3% ownership in Technomite's voting stock. Raider does not have significant influence over Technomite. Raider intends to hold the investment for the indefinite future. Debit Credit 497 Aug. 22 Dec. 31 Dec. 31 Received a cash dividend of $0.71 per share on the Technomite stock. Adjusted the investment to its current market value of $55 per share. Technomite reported net income of $250,000 for the year ended 2024. 497 Print Done