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Account titles not correct which I don't know why it isn't these Required...

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Accounting

imageAccount titles not correct which I don't know why it isn't these

Required information [The following information applies to the questions displayed below.] As a long-term investment, Company A purchased 20% of Company B's 570,000 shares for $650,000 at the beginning of the fiscal year of both companies. On the purchase date, the fair value and book value of Company B's net assets were equal. During the year, Company B earned net income of $420,000 and distributed cash dividends of 30 cents per share. At year-end, the fair value of the shares is $692,000. 2. Assume significant influence was acquired. Prepare the appropriate journal entries from the purchase through the end of the year. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field

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