The following events are for King Investment Inc.: 2023 Feb. 25 Purchased 191,360 shares...
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The following events are for King Investment Inc.: Feb. Purchased shares of Jack Inc. common shares for $including transaction fees of $ Jack has common shares outstanding and has acknowledged the fact that its policies will be significantly influenced by King. ct Jack declared and paid a cash dividend of $ per share. Dec. Jack announced that profit for the year amounted to $ April Jack declared and paid a cash dividend of $ per share. Dec. Jack announced that profit for the year amounted to $ King sold shares of Jack for $ Required: Prepare general journal entries to record each transaction. Round per share calculations to decimal places. Round your final answers to the nearest dollar. 
The following events are for King Investment Inc.:
Feb. Purchased shares of Jack Inc. common shares for $including transaction fees of $ Jack has
common shares outstanding and has acknowledged the fact that its policies will be significantly
influenced by King.
ct Jack declared and paid a cash dividend of $ per share.
Dec. Jack announced that profit for the year amounted to $
April Jack declared and paid a cash dividend of $ per share.
Dec. Jack announced that profit for the year amounted to $
King sold shares of Jack for $
Required:
Prepare general journal entries to record each transaction. Round per share calculations to decimal places. Round your final
answers to the nearest dollar.
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