Question
stio ur exp stions tion On January 1, 2024, Bark Company invests $10,000 in Roots, Inc. stock Roots pays Bark a $400 dividend on
stio ur exp stions tion On January 1, 2024, Bark Company invests $10,000 in Roots, Inc. stock Roots pays Bark a $400 dividend on August 1, 2024. Bark sells the Roots' stock on August 31, 2024, for $10.450 Assume the investment is categorized as a short-term equity investment and Bark Company does not have significant influence over Roots, Inc. Read the requirements Requirement 1. Journalize the transactions for Bark's investment in Roots' stock (Record debits first, then credits Select the explanation on the last line of the journal entry table) Begin by journalizing Bark's initial investment in Roots, Inc. stock. Date Jan 1 ntin Questi Accounts and Explanation Next, journalize Bark's receipt of the August 1 dividend. a ph mo to F Send yo Date Aug. 1 8888 hone num By acoly Debit Credit Accounts and Explanation Debit Credit Now journalize Bark's sale of the Roots, Inc, stock on August 31. book S Date Aug 31 Accounts and Explanation D Debit Credit Horr Acce 11th Choose from any list or enter any number in the input fields and then continue to the next question tions
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