$(14$HV$)$

Exercise C$-14($Algo$)$ Accounting for equity method investments LO P$5$

Usled below are a few events and transactions of Kodise Company.

Near $1$ cosoin staca avtstanding, and its activilios will be sighificastly influenced by Kales.

Decenter il Grecce amevnced that net lecoee for the year is $$431.$a$83.$

Wear $2$

$3$une $1$ Greces declared and paid se caih dividend of $51\mathrm{.}54$ per share.

Prepare journal enties ts aecosd the above transactions and everts of Kodar Congay

Nete: Do net round intermediste calculations arel round reur final ansmers te the rearest dollar amount.

Journal entry worksheet

Rurchase $35,000$ vhiwe af Grecos Company comman stock for $$441,000$ aviblies will be significartly infueved by Kolec.

$\backslash$table$[[$bute$,$Geveral Aurna,Oril,Craner$],[$denery $2.$ Yeer $1,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$

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