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Strategic Investments completed the following investment transactions during 2074 (Click the icon to view the transaction) Requirements 1. Journalize the entries for 2024. Explanations are

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Strategic Investments completed the following investment transactions during 2074 (Click the icon to view the transaction) Requirements 1. Journalize the entries for 2024. Explanations are not required 2. What account(s) and amount(), if any, would be reported on Strategies income statement for the year ended December 31, 20247 Requirement 1. Journalize the entries for 2024. Explanations are not required (Recere debits first, then credits Exclude explanations from ournal entries. If no enti is required, select "No entry required on the first line of the Accounts column and leave the remaining cells blank.) Jan 14: Purchased 400 shares of Voltexar stock paying $58 per shore. The investment represents 4% ownership in Voltexar's voting stock Strategic does not han significant influence over Voltexar. Strategic intends to hold the investment for the indefinite future. Accounts Equity Investments-Voltext Cash Date Debit Credit Jan 14 23,200 23 200 Aug. 22: Received a cash dividend of $0.85 per share on the Voltexar stock, Date Accounts Debit Credit Aug. 22

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