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Viow Policies Current Attempt in Progress Larkspur Inc. owns shares of Cullumber Corporation stock At December 31, 2020, the securities were carried in Larkspur's accounting

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Viow Policies Current Attempt in Progress Larkspur Inc. owns shares of Cullumber Corporation stock At December 31, 2020, the securities were carried in Larkspur's accounting records at their cost of $897.000 which equals their fair value. On September 21, 2021, when the fair value of the securities was $1,006.000, Larkspur declared a property dividend whereby the Cullumber securities are to be distributed on October 23.2021, to stockholders of record on October 8, 2021. Prepare all journal entries necessary on those three dates. (Credit accoumt titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter Ofor the amounts.) Date Account Titles and Explanation Debit Credit To record gain or loss) To record property dividend) e Textbook and Media List of Accounts Sive for Later Attempts: unlimited Submit

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