The following aie the non-strategic investment iransactions of Wiki Gatden tool inc. Aseume each bond acqulied is putchased with the interition to actively trade? 2023 Yeb. 1. Interest is pad semiannally beginning August 1 . cetstanding. The dete of ceroed is May 10, payable June 15. Corgoration, interest is paid anmally each May 30 . 15 Recelved a cheque regardint the diviofnde declered in Hay 7 . Aug, 1 fereived a cheque froe Capital Ine, resarding semiarmal interest. 1 sold the capital fer, bord at 0 it, 31 lecrued interest on the Yates banit. Fair values ef the equity securities on this date were llesina, 51 ,es, Tech inc., 16.09. Aswue that the earrying value af the Yates bond was equal to its fatpilvalue. 2924 Hay 30 mecelved a cheque froe Yates cofgaration regdrding annual intereit. Prepare entries to record the above transactions. (If no entry is required for a transaction/event, select "No journol entry required" In the first account field. Do not round intermediote calculations and round your finol answers to the nearest whole dollar.) Journal entry workeheat Anolysis Component: How would the financial statements have been affected differently if the dividends recelved on June 15 were from a significant influence investment of irvestment in associate as opposed to a non-strategic investment? 34 4 View transaction list Vew jeurmat entry worksheta Analysis Component: How would the financial slatements have been affected differently if the dividends received on June 15 were from as significant influence investment or investment in associate as opposed to a non-strategic investment? The following are the non-strategic investment transactions of Wiki Garden Tool inc Assume each bond acquired is purchased with the intention to actively trade: 2923 Feb. 1 Pald $134,000, plus $200 in transaction fees to purchase a $138,000, foue-year, J.ex bond payable of Capital Ine. dated Feb. 1. Interest is paid seniannually beginning August 1 . Har. 29 Bought 114,00e common shares of Regina Inc. for a total of $97,584, plus paid an extra $50e for transaction fees. May 7 Regina Inc.'s board of directors declared a total dividend of $539,000 reearding the total 3 , 500, eoe shares issued and outgtanding. The date of record is May 30, payable June 15. June 1 Paid $153,600 including $500 in transaction fees to purchase a five:year, 6.05,5150,090 bond payable of Yates corporation. Interest is paid annually each May 30 . 15 Received a cheque regarding the dividends declared on May 7 . Aug- 1 foceived a cheque fron Capital Inc. regarding semiannual interest. 1 Sold the capital Inc, bond at 98 . 17 Purchased 89,000 Tech Inc, compon shares at $8,80 plus $400 in transaction fees; Dec. 1 Sold 89,000 of the Regina Inc. shares at 10.95 and incurred $250 in transaction fees. 31 Accrued interest on the Yates bond. Fair values of the equity securities on this date were Regina, 11.85 : Tech. Inc., 56.99. Assume that the carrying value of the Yates bond was equal to its fair value. 2924 May 30 Recelved a cheque from Yates Corporation regarding anrical interust. Prepare entries to record the above transactions. (If no entry is required for a transoction/event, select "No journal entry required" The following aie the non-strategic investment iransactions of Wiki Gatden tool inc. Aseume each bond acqulied is putchased with the interition to actively trade? 2023 Yeb. 1. Interest is pad semiannally beginning August 1 . cetstanding. The dete of ceroed is May 10, payable June 15. Corgoration, interest is paid anmally each May 30 . 15 Recelved a cheque regardint the diviofnde declered in Hay 7 . Aug, 1 fereived a cheque froe Capital Ine, resarding semiarmal interest. 1 sold the capital fer, bord at 0 it, 31 lecrued interest on the Yates banit. Fair values ef the equity securities on this date were llesina, 51 ,es, Tech inc., 16.09. Aswue that the earrying value af the Yates bond was equal to its fatpilvalue. 2924 Hay 30 mecelved a cheque froe Yates cofgaration regdrding annual intereit. Prepare entries to record the above transactions. (If no entry is required for a transaction/event, select "No journol entry required" In the first account field. Do not round intermediote calculations and round your finol answers to the nearest whole dollar.) Journal entry workeheat Anolysis Component: How would the financial statements have been affected differently if the dividends recelved on June 15 were from a significant influence investment of irvestment in associate as opposed to a non-strategic investment? 34 4 View transaction list Vew jeurmat entry worksheta Analysis Component: How would the financial slatements have been affected differently if the dividends received on June 15 were from as significant influence investment or investment in associate as opposed to a non-strategic investment? The following are the non-strategic investment transactions of Wiki Garden Tool inc Assume each bond acquired is purchased with the intention to actively trade: 2923 Feb. 1 Pald $134,000, plus $200 in transaction fees to purchase a $138,000, foue-year, J.ex bond payable of Capital Ine. dated Feb. 1. Interest is paid seniannually beginning August 1 . Har. 29 Bought 114,00e common shares of Regina Inc. for a total of $97,584, plus paid an extra $50e for transaction fees. May 7 Regina Inc.'s board of directors declared a total dividend of $539,000 reearding the total 3 , 500, eoe shares issued and outgtanding. The date of record is May 30, payable June 15. June 1 Paid $153,600 including $500 in transaction fees to purchase a five:year, 6.05,5150,090 bond payable of Yates corporation. Interest is paid annually each May 30 . 15 Received a cheque regarding the dividends declared on May 7 . Aug- 1 foceived a cheque fron Capital Inc. regarding semiannual interest. 1 Sold the capital Inc, bond at 98 . 17 Purchased 89,000 Tech Inc, compon shares at $8,80 plus $400 in transaction fees; Dec. 1 Sold 89,000 of the Regina Inc. shares at 10.95 and incurred $250 in transaction fees. 31 Accrued interest on the Yates bond. Fair values of the equity securities on this date were Regina, 11.85 : Tech. Inc., 56.99. Assume that the carrying value of the Yates bond was equal to its fair value. 2924 May 30 Recelved a cheque from Yates Corporation regarding anrical interust. Prepare entries to record the above transactions. (If no entry is required for a transoction/event, select "No journal entry required
