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Required 1Required 2 Prepare all appropriate journal entries related to the Investment during 2018. (If no entry is required for a transaction/event, select No journal
Required 1Required 2 Prepare all appropriate journal entries related to the Investment during 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions, (i.e., 10,000,000 should be entered as 10).) View transaction list Journal entry worksheet 2 4 Florists International purchased 30% of Nursery Supplies Inc.'s 8 million shares for $30 millon. Record the purchase. Note: Enter debits before credits. Credit Event General Journal Debit Required Required 2 Prepare all appropriate journal entries related to the investment during 2018. (If no entry is required for a transaction/event, select "No ournal entry required" in the first account field. Enter your answers in millions, (1.e., 10,000,000 should be entered as 10).) View transaction list Journal entry worksheet 2 4 During the year, Nursery Supplies earned net income of $30 million and distributed cash dividends of $1.25 per share. Record the dividends. Note: Enter debits before credits. Debit Event General Journal Credit 3 omplete this question by entering your answers m the ta DS Derow. Required 1 Required 2 Prepare all appropriate journal entries related to the investment during 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions, (1.e., 10,000,000 should be entered as 10).) View transaction list Journal entry worksheet 2 4 Record any necessary entry to adjust the fair value on December 31, 2018. Note: Enter debits before credits. Debit Event General Journal Credit 4
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