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8. On May 15, 2018, Greenwood Co. invests $11,000 in Jazz, Inc. stock. Jazz pays Greenwood a $1,000 dividend on November 15, 2018. Greenwood sells the Jazz stock on December 10, 2018, for $10,850. Assume the Greenwood Co. does not have significant influence over Jazz, Inc. Journalize the 2018 transactions related to Greenwood's investment in Jazz stock. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Duymuy juUITIUISITE UTVorruuuu cu TVTUTIET VULL, "TIU., von IT Truy Tu, -uro. Date Accounts and Explanation Debit Credit 2018 May 15 8. On May 15, 2018, Greenwood Co. invests $11,000 in Jazz, Inc. stock. Jazz pays Greenwood a $1,000 dividend on November 15, 2018. Greenwood sells the Jazz stock on December 10, 2018, for $10,850. Assume the Greenwood Co. does not have significant influence over Jazz, Inc. Journalize the 2018 transactions related to Greenwood's investment in Jazz stock. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Next, journalize Greenwood's receipt of the November 15, 2018 dividend. Date Accounts and Explanation Debit Credit 2018 Nov. 15 8. On May 15, 2018, Greenwood Co. invests $11,000 in Jazz, Inc. stock. Jazz pays Greenwood a $1,000 dividend on November 15, 2018. Greenwood sells the Jazz stock on December 10, 2018, for $10,850. Assume the Greenwood Co. does not have significant influence over Jazz, Inc. Journalize the 2018 transactions related to Greenwood's investment in Jazz stock. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Now journalize Greenwood's sale of the Jazz, Inc., stock on December 10, 2018. Date Accounts and Explanation Debit Credit 2018 Dec. 10

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