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Review the following long - term, equity security transactions of Blanchard Department Stores: ( Click the icon to view the transactions. ) Requirement Joumalize the
Review the following longterm, equity security transactions of Blanchard Department Stores: Click the icon to view the transactions. Requirement Joumalize the longterm, equity security transactions of Blanchard Department Stores. a Purchased shares of Florida Fine Foods common stock at $ per share less than of Florida's outstanding stock with the intent of holding the stoc debits first, then credits. Exclude explanations from any journal entries. Journal Entry Accounts Debit Credit a More info a Purchased shares of Florida Fine, Foods common stock at $ per share less than of Florida's outstanding stock with the intent of holding the stock for the indefinite future. b Received a cash dividend of $ per share on the Florida investment. c At yearend, adjusted the investment account to fair value of $ per share. d Sold the Florida stock for $ per share. Print
Review the following longterm, equity security transactions of Blanchard Department Stores:
Click the icon to view the transactions.
Requirement
Joumalize the longterm, equity security transactions of Blanchard Department Stores.
a Purchased shares of Florida Fine Foods common stock at $ per share less than of Florida's outstanding stock with the intent of holding the stoc debits first, then credits. Exclude explanations from any journal entries.
Journal Entry
Accounts
Debit
Credit
a
More info
a Purchased shares of Florida Fine, Foods common stock at $ per share less than of Florida's outstanding stock with the intent of holding the stock for the indefinite future.
b Received a cash dividend of $ per share on the Florida investment.
c At yearend, adjusted the investment account to fair value of $ per share.
d Sold the Florida stock for $ per share.
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