Question: Delivery King completed these long - term available - for - sale investment transactions during 2 0 X 6 : 2 0 6 Apr 1
Delivery King completed these longterm availableforsale investment transactions during X:
Apr Purchased Robotics shares, paying $ per share.
Delivery King intends to hold the investment for the indefinite future.
Jul Received a cash dividend of $ per share on the Robotics investment.
Dec Adjusted the Robotics investment to its current market value of $
Journalize Delivery King's investment transactions. Explanations are not required.
Show how to report the investment and any unrealized gain or loss on Delivery King's balance sheet at December X Ignore income tax. Purchased Robotics shares, paying $ per share. Delivery King intends to hold the investment for the indefinite future.
Received a cash dividend of $ per share on the Robotics investment.
tableJournal Entry,DateAccounts,Debit,CreditJul
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