need help

A B https:/ Fall 2020 TR 1230 pm ACCT 2023 Cost/Managerial Accounting Homework: Chapter 15 Homework Fall 2020 5 Score: 1.39 of 5 pts % 515-4 (similar to) On January 1, 2018, Rusty, Inc. decides to invest in 9,450 shares of Horsepasture stock when the stock is selling for $13 per share. On for 2018. Assume Horsepasture has 27.000 shares of voting stock outstanding during 2018 and Rusty has significant influence over Hor Read the requirements. Requirement 1. Identify what type of investment the Horsepasture stock is for Rusty. Rusty's investment would be a significant influence investment Requirement 2. Journalize the transactions related to Rusty's investment in the Horsepasture stock during 2018. (Record debits first them Accounts and Explanation column and leave the remaining cells blank.) January 1: Rusty, Inc. decides to invest in 9.450 shares of Horsepasture stock when the stock is selling for $13 per share. Date Accounts and Explanation Debit Credit Jan 1 Equity Investments-Horsepasture 122.850 Cash 122.850 Purchased investment in stock (equity method) June 1: Horsepasture paid a $1.10 per share cash dividend to stockholders Date Accounts and Explanation Debit Credit Jun 1 Choose from any list or enter any number in the input fields and then click Check Answer 2 parts remaining O Type here to search PI a 39 of 5 pts 5-4 (similar to uary 1, 2018. Rusty, Ine decides to invest in 9.450 shares of Horsepasture stock when the stock is selling for 513 per share: June 1, 2018 Hornepasture paid 51.10 per share cash dividend to stockholders On December 312018 Horseasture reports et income of $110.000 3. Assume Horsepasture has 27.000 shares of voting stock outstanding during 2018 and Rusty has significant influence over Horsepasture the requirements the Horsepsar ockstor Rusty