Question: Please answer all questions A) prepare journal entries for each of all the above transactions. part b Calculation of fair value adjustment B) prepare a
P17-10 (LO2) Equity Investments Castleman Holdings, Inc, had the following equity investment portfolio at January 1, 2020. During 2020 , the following transactions took place: 1. On March 1, Rogers Company paid a dividend, per share $2.00 2. 3. 4. At December 31,2020 , the stocks had the followina price ver share values: During 2021, the following transactions took place: 5. On February 1, Castleman Holdings, Inc, sold the remaining Chance shares Selling price per share $8.00 6. On March 1, Rogers Company paid a cash dividend, per share $2.00 7. On December 21, Evers Company declared a cash dividend to be paid in the next month, per share $3.00 8. At December 31,2021 , the stocks had the following price per share values
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