Requirements 1. Journalize Green Back's transactions. Explanations are not required. 2. Classify and prepare partial financial statements for Green Back's 30% Voltexar investment for the year ended December 31, 2018. Requirement 2. Classify and prepare partial financial statements for Green Back's 30% Voltexar investment for the year ended December 31, 2018. Begin by showing the account and amount of any assets that would appear on Green Back's balance sheet as it relates to the Voltexar 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.) Green Back Investments Balance Sheet (Partial) December 31, 2018 Current Assets Long-term Assets. Stockholders' Equity Accumulated Other Comprehensive Income: Unrealized Holding Gain-Equity Investments 220 Choose from any list or enter any number in the input fields and then click Check Answer. 1 part remaining Clear All Check Answer 6 / Green Back Investments completed the following transactions during 2018: (Click the icon to view the transactions.) Requirements 1. Journalize Green Back's transactions. Explanations are not required. 2. Classify and prepare partial financial statements for Green Back's 30% Voltexar investment for the year ended December 31, 2018. Requirement 1. Journalize Green Back'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 850 shares of Voltexar stock, paying $42 per share. The investment represents 30% ownership in Voltexar's voting stock and Green Back has significant influence over Voltexar. Green Back intends to hold the investment for the indefinite future. Accounts Debit Credit Jan. 14 Equity InvestmentsVoltexar 35.700 35,700 Date Cash Aug 22: Received a cash dividend of $0.65 per share on the Voltexar stock. Date Accounts Aug. 22 Cash Equity Investments-Voltexar Debit Credit 553 553 10:14 AM 4/15/2020 Choose from any list or enter any number in the input fields and then click Check Answer 1 Clear All Check Answer DII # m yeol LULU UUUM ec. 31: Voltexar's current market value is $41 per share. Accounts A Debit Cr Date Dec. 31 No entry required Dec. 31: Voltexar reported net income of $400,000 for the year ended 2018. Date Accounts Debit Credit Dec. 31 Equity Investments-Voltexar Revenue from Investments 120,000 120,000 Requirement 2. Classify and prepare partial financial statements for Green Back's 30% Voltexar center the veronderorthor 21 21R 14 AM 5/2020 Choose from any list or enter any number in the input fields and then click Check Answer. A part remaining Clear All Check Answer (Click the icon to view the transactions.) quired. ack's 30% Voltexar investment for the for Green Back's 30% Voltexar Available-for-Sale Debt Investments (at cost) Available-for-Sale Debt Investments (at fair value) Dividend Revenue Equity InvestmentsVoltexar (at cost) Equity InvestmentsVoltexar (equity method) Held-to-Maturity Debt Investments (at cost) Held-to-Maturity Debt Investments (at fair value) Revenue from Investments Trading Debt Investments (at cost) Trading Debt Investments (at fair value) Unrealized Holding Gain-Available for Sale Unrealized Holding Gain-Equity Investments Unrealized Holding Gain-Held-to-Maturity Unrealized Holding Gain-Trading ald appear on Green Back's balance 18. (If a box is not used in the enter a zero.) Long-term Assets: Stockholders' Equity Accumulated Other Comprehensive Income: Unrealized Holding Gain-Equity Investments Choose from any list or enter any number in the input fields and then click Check Answer. Comme 7 part remaining Clear All Check