trader investments completed the following investment transactions during 2018:
Requirement 1. Journal Trader's investment transactions. Exple fons are not required. (Record debits first, then credits. Exclude explanations from joumal entries. If no entry is required, select your on the first line of the Accounts column and leave the remaining celank.) Jan. 14: Purchased 300 shares of Tycon stock, paying 543 persha The investment represents 2% ownership in Tycon's voting stock. Trader does not have significant influence over Tycon. Trader intends to hold the investment for the indefinite future. Debit Credit Aug. 22: Received a cash dividend of $0.72 per share on the Tycon ock Debit Crec Aug. 22 Trader Investments completed the following investment transactions during 2018: (Click the icon to view the transactions.) Read the requirements. Dec. 31: Adjusted the investment to its current market value of $42 per share. Date Accounts Debit Credit Dec. 31 Dec. 31: Tycon reported net income of $420,000 for the year ended 2018. Accounts Date Debit Credit Dec. 31 Trader Investments completed the following investment transactions during 2018: A (Click the icon to view the transactions.) Read the requirements. Trader Investments Balance Sheet (Partial) December 31, 2018 Current Assets: Long-term Assets: Stockholders' Equity Accumulated Other Comprehensive Income: Requirement 3. Prepare a partial income statement for Trader Investments for year endec Trader Investments Income Statement (Partial) For the Year Ended December 31, 2018 Choose from any list or enter any number in the input fields and then continue to the Trader Investments completed the following investment transactions during 2018 (Click the icon to view the transactions.) Read the requirements Current Assets: 53 Long-term Assets Stockholders' Equity Accumulated Other Comprehensive Requirement 3. Prepare a partial income statement for Trader Investments for year ended December 31, 2018. (Use a minus sign or parentheses to enter a loss.) Trader Investments Income Statement (Partial) For the Year Ended December 31, xpenses LIB i More Info Jan. 14 Purchased 300 shares of Tycon stock, paying $43 per share. The investment represents 2% ownership in Tycon's voting stock. Trader does not have significant influence over Tycon. Trader intends to hold the investment for the indefinite future. Aug, 22 Received a cash dividend of $0.72 per share on the Tycon stock. Dec. 31 Adjusted the investment to its current market value of $42 per share. 31 Tycon reported net income of $420,000 for the year ended 2018. Trade a los 2018 Print Done ut fields and then en