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structure.com courses/36773/assignments/3268577modletem id-461210 be Maps LCU View Policies Current Attempt in Progress Pina Corporation purchased for $306,000 a 30% interest in Murphy, Inc. This Investment
structure.com courses/36773/assignments/3268577modletem id-461210 be Maps LCU View Policies Current Attempt in Progress Pina Corporation purchased for $306,000 a 30% interest in Murphy, Inc. This Investment enables Pina to exert significant influence over Murphy. During the year, Murphy earned net income of $175,000 and paid dividends of $57,000. ting el Con Prepare Pina's journal entries related to this investment. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) upport Account Titles and Explanation Debit Credit -stu (To record the purchase.) (To record the net income.) (To record the dividend.) e Textbook and Media List of Accounts
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