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Raider Investments completed the following transactions during 2024 (Click the icon to view the transactions. Y Requirements 1. Journalize Raider's transactions. Explanations are not required.

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Raider Investments completed the following transactions during 2024 (Click the icon to view the transactions. Y Requirements 1. Journalize Raider's transactions. Explanations are not required. 2. Classity and prepare partial financial statements for Raider's 40% Robotic investment for the year ended December 31, 2024 Requirement 1. Journalize Raider's transactions. Explanations are not required(Record debits first, then credits. Exclude explanations from joumal 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 Robotic stock, paying 541 per share. The investment represents 40% ownership in Robotic's voting stock and Raider has significant influence over Robotic Raider 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 Clear All Check Answer 5 Pemaining TULIVUU i More Info - Jan. 14 Purchased 800 shares of Robotic stock, paying $41 per share. The investment represents 40% ownership in Robotic's voting stock and Raider has significant influence over Robotic. Raider intends to hold the investment for the indefinite future. Aug. 22 Received a cash dividend of $0.77 per share on the Robotic stock. Dec. 31 Robotic's current market value of $40 per share. Dec. 31 Robotic reported net income of $400,000 for the year ended 2024. Print Done

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