what is the debit and credit

On January 1, 2023, ABC, Inc. purchased $240,000 of XYZ Corp's common stock. On May 31, 2024, XYZ Corp announced and paid cash dividend of $50,000 Fair Value Method (10%) Equity Method (20%) Fair Value Method (10%) Equity Method (20%) On December 31, 2023, XYZ Corp reported Net Income of $100,000 XYZ Corp reported a net loss for the year 2024 of $20,000 Fair Value Method (10%) Equity Method (20%) Fair Value Method (10%) Equity Method (20%) On December 31, 2023, XYZ Corp total market investment shares increased to $288,000 On December 31, 2024, XYZ Corp total market investment shares decreased to $264,000 Fair Value Method (10%) Equity Method (20%) Fair Value Method (10%) Equity Method (20%)