RRRR in January 2017, the management of Kinete Company concludes that it has suficientesh to permit some short-term mestiments debt and stock securities. During the year, the following transactions occurred Feb 1 Purchased soo shares of Moninger common stock for $25,000 Mar 1 Purchased 700 shares of Twman common stock for $17,500 Apr 1Purchased 50 51,050, Yoakam bonds for $2,500. Interest is payable manually on April 1 and October 1 July 1 Received a cash dividend of $0.50 per share on the Muninger common stock Aug 1 Sold 167shares of Muninger common stock 565 per share Sept. 1 Received a 31 per share cash dividend on the man common stock Oct. 1 Received the semiannual interest on the Yoakam bonds Oct1 Sold the Yoakem bonds for $51.900. At December 31, the fair value of the Munire common stock was 51 per share the fair value of the commented was 14 persen Journake the transactions and post to the accounts Debt Investments and Stock Investments (Use the form (ecord for antriebe the one rerum entities are automatically indented when amount is entered. Do not indent manually. If entry is required letu entry for the end amount Round answer to decimal.37.) Date Account Titles and Explanation Dehit Credit + ( od the receptoftest on Yombons Oct 1 to record the sale of om bonds) Stock Investment : Debt Investments SHOW LIST OF ACCOUNTS Prepare the adjusting entry at December 31, 2017, to report the investment is a value. Al secuies are considered be Indented when amount is entered. De mot indent many. If neantry required to try for the standarder for the decimal places - 5.275.) Date Acc Titles and Explanation INOWLENT OF ACCOUNTS TOT LINK TO TERT LETO TEXT WS Show the balance sheet presentation of investment at December 31, 2017. (Round answer to decimo 275.) Anale Company Balance Sheet (Partial) OWLIET OF ACCOUNTS LINK TO TO LINK TOT LIETOTEKET Give the statement assification of each income statement account Income Statement Account Category Dividend Reverse Gain on Sale of Stock Investments Interest Revenue SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT VIDEO SIMILAR PROLIN Give the statement classification of each income statement account. Income Statement Account Category Dividend Revenue Gain on tale of Stock Investments Interest Revenue . Loss on Sale of Debt Investments Unrealized Loss-Income SHOW LIST OF ACCOUNTS VIDEOS POR LINK TO TEXT LINK TO TEXT LINK TO TEXT Question Attempts: 0 of 3 used