Raider Investments completed the following transactions during 2018: (Click the icon to view the transactions.) Requirements 1. Journalize Raider's transactions. Explanations are not required. 2. Classify and prepare partial financial statements for Raider's 30% Sysky investment for the year ended December 31, 2018. Requirement 1. Journalize Raider's 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 1.200 shares of Sysky stock, paying $52 per share. The nvestment represents 30% ownership in Sysky s voting stock and Raider has significant influence over Sysky. Raider intends to hold the investment for the indefinite future. Date Accounts Debit Credit Jan. 14 6 More Info 1 Jan. 14 Purchased 1,200 shares of Sysky stock, paying $52 per share. The investment represents 30% ownership in Sysky's voting stock and Raider has significant influence over Sysky. Raider intends to hold the investment for the indefinite future. Aug. 22 Received a cash dividend of $0.25 per share on the Sysky stock. Dec. 31 Sysky's current market value is $49 per share. 31 Sysky reported net income of $300,000 for the year ended 2018. Print Done Aug. 22: Received a cash dividend of S0.25 per share on the Sysky stock. Date Accounts Debit Credit Aug. 22 Dec. 31: Sysky's current market value is $49 per share. Date Accounts Debit Credit Dec. 31 Dec. 31: Sysky reported net income of $300,000 for the year ended 2018 Credit Date Accounts Debit Dec. 31 and prepare partial financial statements for Raiders 30% Sysky investment for the year ended December 31 2018 Begin by showing the account and amount of any assets that would appear on Raider's balance sheet as it relates to the Sysky investment at December 31, 2018. (If a box is not used in the financial statement, leave the box empty; do not select a label or enter a zero.) Begin by showing the account and amount of any assets that would appear on Raider's balance sheet as it relates to the Sysky investment at December 31, 2018. (If a box is not used in the financial statement, leave the box empty; do not select a label or enter a zero.) Raider Investments Balance Sheet (Partial) December 31, 2018 Current Assets Long-term Assets Stockholders' Equity Accumulated Other Comprehensive Income Complete the partial income statement for the year ended December 31, 2018 as it relates to Raider's Sysky investment. (Use a minus sign or parentheses to enter a loss. If a box is not used in the financial statement, leave the box empty; do not select a label or enter a zero.) Raider Investments Income Statement (Partial) For the Year Ended December 31, 2018 Other Income and (Expenses) Raider Investments completed the following transactions during 2018: (Click the icon to view the transactions.) Requirements 1. Journalize Raider's transactions. Explanations are not required. 2. Classify and prepare partial financial statements for Raider's 30% Sysky investment for the year ended December 31, 2018. Requirement 1. Journalize Raider's 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 1.200 shares of Sysky stock, paying $52 per share. The nvestment represents 30% ownership in Sysky s voting stock and Raider has significant influence over Sysky. Raider intends to hold the investment for the indefinite future. Date Accounts Debit Credit Jan. 14 6 More Info 1 Jan. 14 Purchased 1,200 shares of Sysky stock, paying $52 per share. The investment represents 30% ownership in Sysky's voting stock and Raider has significant influence over Sysky. Raider intends to hold the investment for the indefinite future. Aug. 22 Received a cash dividend of $0.25 per share on the Sysky stock. Dec. 31 Sysky's current market value is $49 per share. 31 Sysky reported net income of $300,000 for the year ended 2018. Print Done Aug. 22: Received a cash dividend of S0.25 per share on the Sysky stock. Date Accounts Debit Credit Aug. 22 Dec. 31: Sysky's current market value is $49 per share. Date Accounts Debit Credit Dec. 31 Dec. 31: Sysky reported net income of $300,000 for the year ended 2018 Credit Date Accounts Debit Dec. 31 and prepare partial financial statements for Raiders 30% Sysky investment for the year ended December 31 2018 Begin by showing the account and amount of any assets that would appear on Raider's balance sheet as it relates to the Sysky investment at December 31, 2018. (If a box is not used in the financial statement, leave the box empty; do not select a label or enter a zero.) Begin by showing the account and amount of any assets that would appear on Raider's balance sheet as it relates to the Sysky investment at December 31, 2018. (If a box is not used in the financial statement, leave the box empty; do not select a label or enter a zero.) Raider Investments Balance Sheet (Partial) December 31, 2018 Current Assets Long-term Assets Stockholders' Equity Accumulated Other Comprehensive Income Complete the partial income statement for the year ended December 31, 2018 as it relates to Raider's Sysky investment. (Use a minus sign or parentheses to enter a loss. If a box is not used in the financial statement, leave the box empty; do not select a label or enter a zero.) Raider Investments Income Statement (Partial) For the Year Ended December 31, 2018 Other Income and (Expenses)
