winding completed the following investment transactions: View the transactions. Read the requirements, included an $800,000 investment in Eberly stock (20% ownership, Winding Co. has significant influence over Eberly). During the year, Winding Co Requirement 1. Journalize the transactions for the year of Winding Co. Source. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. If no entry is required, select "No entry required" on the first line of the Accounts and Explanation column and leave the remaining fields blank.) Mar. 3: Purchased 6,000 shares at $9 per share of Lodi Software common stock as a long-term equity investment, representing 5% ownership, no significant influence. Accounts and Explanation Date Mar. 3 Debit Credit Requirements 1. Journalize the transactions for the year of Winding Co. Transactions Mar. 3 2. Post transactions to T-accounts to determine the December 31, 2025, balances related to the investment and investment income accounts. May 15 Purchased 6,000 shares at $9 per share of Lodi Software common stock as a long-term equity investment, representing 5% ownership, no significant influence. Received a cash dividend of $0.40 per share on the Lodi investment. 3. Prepare Winding Co.'s partial balance sheet at December 31, 2025, from your answers in Requirement 2. Dec. 15 Received a cash dividend of $80,000 from Eberly investment. 4. Where is the unrealized holding gain or loss associated with the Lodi stock reported? Dec. 31 Received Eberly's annual report showing $300,000 of net income. Dec. 31 Dec. 31 Received Lodi's annual report showing $200,000 of net income for the year. Eberly's stock fair value at year-end was $780,000. Dec. 31 Lodi's stock's fair value at year-end was $10 per share. Print Done - X