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Tree Top Company's Alice Warren is pleased with the growth of the business and has decided to invest its te (Click the icon to view

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Tree Top Company's Alice Warren is pleased with the growth of the business and has decided to invest its te (Click the icon to view the securities transactions.) Required Requirement 1. Journalize the transactions including any entries, if required, at December 31, 2024. (Record required." on the first line of the Accounts column and leave all other cells blank. When prorating any nearest whole dollar Jul. 1: Purcha 1 More Info ha Long-Term in Date Jul. 1 Jul. 7: Purchd Jul. 1 Purchased 10,000 shares in Amar Outdoor Adventure Company for $5 per share. Tree Top does not have significant influence over Amar. Tree Top plans to hold these shares for longer than a year and should record them in an account called Long-Term Investments. 7 Purchased 30 percent of the shares of Beast Backpacks Inc. consisting of 39,000 shares (out of a total of 130,000 shares) for $3 per share. Tree Top Company has significant influence over Beast 10 Purchased a bond at par from Caden Canoes with a face value of $60,000. Tree Top intends to hold the bond to maturity. The bond pays interest semi-annually on June 30 and December 31. Ignore the 10 days of accrued interest Sep 30 Received dividends of SO 35 per share from Amar Nov 1 Received dividends of S0.25 per share from Beast. Dec. 31 Received an interest payment of $3,000 from Caden Canoes 31 Beast Backpacks reported net income of $46,000 for the year. 31 Adjusted the Amar shares for a market value of $4.96 per share tal of Date Jul. 7 Cr Choose from Print Done

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