The beginning balance sheet of Music Source Co. included an $800,000 investment in Essex stock...
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The beginning balance sheet of Music Source Co included an $ investment in Essex stock ownership, Music has significant influe over Essex During the year, Music Source completed the following investment transactions: Click the icon to view the transactions. Read the requirements. Requirement Journalize the transactions for the year of Music Source. Record debits first, then credits. Select the explanation on the last line 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 cells blank. Mar. : Purchased shares at $ per share of John Software common stock as a longterm equity investment, representing ownership, n significant influence. May : Received a cash dividend of $ per share on the John investment. 
The beginning balance sheet of Music Source Co included an $ investment in Essex stock ownership, Music has significant influe
over Essex During the year, Music Source completed the following investment transactions:
Click the icon to view the transactions.
Read the requirements.
Requirement Journalize the transactions for the year of Music Source. Record debits first, then credits. Select the explanation on the last line
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 cells blank.
Mar. : Purchased shares at $ per share of John Software common stock as a longterm equity investment, representing ownership, n
significant influence.
May : Received a cash dividend of $ per share on the John investment.
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