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the last three pictures are all of the accounts. I can only use the accounts listed. thank you! Background Jetway Corporation generated excess cash and

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the last three pictures are all of the accounts. I can only use the accounts listed. thank you!image text in transcribedimage text in transcribedimage text in transcribed

Background Jetway Corporation generated excess cash and used it to invest in various securities. Transactions related to these investments are included in the Transactions section below. The equity investments lited all represent less than 20% of the outstanding votng stock of the investee. Assignment: 1) Using the General Journal tab, click Add Transaction to journalize each transaction. Click Post Transaction once you complete the entry, then repeat these steps for each transaction 2) Click the Reports tab and review the results of recording these transactions on the General Ledger. 3) Click Submit Work when complete. Transactions: 07/02/2018 Purchased 4,200 shares of Pogo, Inc. common stock for $12.00 per share. Jetway plans to sell the stock within three months, when the company will need the cash for normal operations. Jetway does not have significant influence over Pogo. 08/21/2018 Received a cash dividend of $.80 per share on the Pogo stock investment. 09/16/2018 Sold the Pogo stock for $13.40 per share. 10/01/2018 Purchased a Violet bond for $20,000 at face value. Jetway classifies the investment as trading and short-term SAVE WORK RESET RESULTS SUBMIT WORK July 1, 2018 - December 31, 2018 BUSINESS REPORTS COMPANY INFORMATION CHART OF ACCOUNTS GENERAL JOURNAL Debit Credit Date Account 07/02/2018 Select an account Fair Value Adjustment - Trading - 10300 Cash 10100 Equity Investments 10150 Fair Value Adjustment Equity Investments - 10200 Trading Debt Investments 10250 Fair Value Adjustment - Trading 10300 Accounts Receivable 10400 DELETE Tnterest Receivable 10550 ADD ROW Franchises - 11900 Accounts Payable 20100 Background: Jetway Corporation generated excess cash and used it to invest in various securities. Transactions related to these investments are included in the Transactions section below. The equity investments listed all represent less than 20% of the outstanding votng stock of the investee. Assignment: 1) Using the General Journal tab, click Add Transaction to journalize each transaction. Click Post Transaction once you complete the entry, then repeat these steps for each transaction 2) Click the Reports tab and review the results of recording these transactions on the General Ledger. 3) Click Submit Work when complete. Transactions: Uo/Z1/201o neceiveu a Casil aividend or .ou per sinale on dne Pogo stoCK mvesumenIe. 09/16/2018 Sold the Pogo stock for $13.40 per share. 10/01/2018 Purchased a Violet bond for $20,000 at face value. Jetway classifies the investment as trading and short-term. 12/31/2018 Received a $100 interest payment from Violet. 12/31/2018 Adjusted the Violet bond to its market value of $22,000. SAVE WORK RESET RESULTS SUBMIT WORK July 1, 2018- December 31, 2018 BUSINESS REPORTS COMPANY INFORMATION CHART OF ACCOUNTS GENERAL JOURNAL Debit Credit Date Account Rent Expense - 50800 07/02/2018 Salaries Expense Rent Expense - 50800 Interest Revenue 60100 Dividend Revenue 60150 Revenue from Investments, Equity Method - 60200 Unrealized Holding Gain Trading 60250 Gain on Disposal of Investments - 60300 ADD ROW DELETE Unrealized Holding Loss - Trading 70150 Loss on Disposal of Investments 70200 Cash 10100 - Equity Investments 10150 Fair Value Adjustment Equity Investments 10200 Trading Debt Investments - 10250 Fair Value Adjustment Trading 10300 Accounts Receivable 10400 Interest Receivable - 10550 Franchises -11900 Accounts Payable 20100 Dividend Revenue - 60150 Revenue from Investments , Equity Method 60200 Unrealized Holding Gain Trading 60250 Gain on Disposal of Investments - 60300 Unrealized Holding Loss - Trading 70150 Loss on Disposal of Investments 70200 Background Jetway Corporation generated excess cash and used it to invest in various securities. Transactions related to these investments are included in the Transactions section below. The equity investments lited all represent less than 20% of the outstanding votng stock of the investee. Assignment: 1) Using the General Journal tab, click Add Transaction to journalize each transaction. Click Post Transaction once you complete the entry, then repeat these steps for each transaction 2) Click the Reports tab and review the results of recording these transactions on the General Ledger. 3) Click Submit Work when complete. Transactions: 07/02/2018 Purchased 4,200 shares of Pogo, Inc. common stock for $12.00 per share. Jetway plans to sell the stock within three months, when the company will need the cash for normal operations. Jetway does not have significant influence over Pogo. 08/21/2018 Received a cash dividend of $.80 per share on the Pogo stock investment. 09/16/2018 Sold the Pogo stock for $13.40 per share. 10/01/2018 Purchased a Violet bond for $20,000 at face value. Jetway classifies the investment as trading and short-term SAVE WORK RESET RESULTS SUBMIT WORK July 1, 2018 - December 31, 2018 BUSINESS REPORTS COMPANY INFORMATION CHART OF ACCOUNTS GENERAL JOURNAL Debit Credit Date Account 07/02/2018 Select an account Fair Value Adjustment - Trading - 10300 Cash 10100 Equity Investments 10150 Fair Value Adjustment Equity Investments - 10200 Trading Debt Investments 10250 Fair Value Adjustment - Trading 10300 Accounts Receivable 10400 DELETE Tnterest Receivable 10550 ADD ROW Franchises - 11900 Accounts Payable 20100 Background: Jetway Corporation generated excess cash and used it to invest in various securities. Transactions related to these investments are included in the Transactions section below. The equity investments listed all represent less than 20% of the outstanding votng stock of the investee. Assignment: 1) Using the General Journal tab, click Add Transaction to journalize each transaction. Click Post Transaction once you complete the entry, then repeat these steps for each transaction 2) Click the Reports tab and review the results of recording these transactions on the General Ledger. 3) Click Submit Work when complete. Transactions: Uo/Z1/201o neceiveu a Casil aividend or .ou per sinale on dne Pogo stoCK mvesumenIe. 09/16/2018 Sold the Pogo stock for $13.40 per share. 10/01/2018 Purchased a Violet bond for $20,000 at face value. Jetway classifies the investment as trading and short-term. 12/31/2018 Received a $100 interest payment from Violet. 12/31/2018 Adjusted the Violet bond to its market value of $22,000. SAVE WORK RESET RESULTS SUBMIT WORK July 1, 2018- December 31, 2018 BUSINESS REPORTS COMPANY INFORMATION CHART OF ACCOUNTS GENERAL JOURNAL Debit Credit Date Account Rent Expense - 50800 07/02/2018 Salaries Expense Rent Expense - 50800 Interest Revenue 60100 Dividend Revenue 60150 Revenue from Investments, Equity Method - 60200 Unrealized Holding Gain Trading 60250 Gain on Disposal of Investments - 60300 ADD ROW DELETE Unrealized Holding Loss - Trading 70150 Loss on Disposal of Investments 70200 Cash 10100 - Equity Investments 10150 Fair Value Adjustment Equity Investments 10200 Trading Debt Investments - 10250 Fair Value Adjustment Trading 10300 Accounts Receivable 10400 Interest Receivable - 10550 Franchises -11900 Accounts Payable 20100 Dividend Revenue - 60150 Revenue from Investments , Equity Method 60200 Unrealized Holding Gain Trading 60250 Gain on Disposal of Investments - 60300 Unrealized Holding Loss - Trading 70150 Loss on Disposal of Investments 70200

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