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  1. business
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  3. entries for equity investments: less than 20\% own

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

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Accounting

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Entries for Equity Investments: Less than 20\% Ownership The following equity investment transactions were completed by Vintage Company during a recent year: Apr. 10. Purchased 1,800 shares of Delew Company's common stock for a price of $59.5 per share plus a brokerage commission of $900. Delew Company has 250,000 shares of common stock outstanding. July 8. Received a quarterly dividend of $0.25 per share on the Delew Company investment. Sept. 10. Sold 1,200 shares for a price of $53 per share less a brokerage commission of $500. Dec. 31. At the end of the accounting period, the fair value of the remaining 600 shares of Delew Company's stock was $59,50 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

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