Entries for Equity Investments: Less than 20% Ownership The following equity investment transactions were completed by V

[answerhappygod]

Entries For Equity Investments Less Than 20 Ownership The Following Equity Investment Transactions Were Completed By V 1 (71.93 KiB) Viewed 9 times

Entries for Equity Investments: Less than 20% Ownership The following equity investment transactions were completed by Vintage Company during recent year: Apr. 10. Purchased 1,900 shares of Delew Company's common stock for a price of $53.5 per share plus a brokerage commission of $950. Delew Company has 275,000 shares of common stock outstanding. July 8. Received a quarterly dividend of $0.35 per share on the Delew Company investment. Sept. 10. Sold 1,300 shares for a price of $48 per share less a brokerage commission of $530. Dec. 31. At the end of the accounting period, the fair value of the remaining 600 shares of Delew Company's stock was $53.50 per share. Journalize the entries for these transactions. If an amount box does not require an entry, leave it blank. If required, round the final answers to the nearest dollar. Apr. 10 Purchase July 8 Dividend Sept. 10 - Sale Dec. 31 00 000 00 00 000 00