MAKE SURE TO ANSWER ALL REQUIREMENTS

The beginning balance sheet of Water Source Co. included a $700,000 investment in Andy stock (20% ownership, Waler has significant influence over Andy) During the year, Waler Source compleled the following investment transactions Click the icon to view the transactions.) Read the reguirements Requirement 1. Journalize the transactions for the year of Water Source. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. If no entry is required, select "No entry required en the first line of the Accounts and Explanstion column and leave the remaining cells blank. Mar 3 Purchased 3,000 shares at S9 per share of Lisa Scftware common stock as a long-term squity investment, representing 5% ownership, no signficant infuence Date Accounts and Explanation Debit Credit Mar 2 The beginning balance sheet of Water Source Co. included a $700,000 investment in Andy stock (20% ownership, Waler has significant influence over Andy) During the year, Waler Source compleled the following investment transactions Click the icon to view the transactions.) Read the reguirements Requirement 1. Journalize the transactions for the year of Water Source. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. If no entry is required, select "No entry required en the first line of the Accounts and Explanstion column and leave the remaining cells blank. Mar 3 Purchased 3,000 shares at S9 per share of Lisa Scftware common stock as a long-term squity investment, representing 5% ownership, no signficant infuence Date Accounts and Explanation Debit Credit Mar 2