Question: please put the calculations in excel spreadsheet Stustion 1 : Pina Cosmetics acquired 105 of the 189,000 shares of common stock of Martinaz Fashion ata


Stustion 1 : Pina Cosmetics acquired 105 of the 189,000 shares of common stock of Martinaz Fashion ata total cost of $12 per share on March 18, 2025 On dune 30 , Martinez dedared and paid $77,300 cath dividends to all stochholders. On December 31 , Martune2 reported net income of $122,300 for the year At December 31 , the market price of Martine2 Fexhion was 513 pershare Situation 2 Grouper, inc obtained siorificant influence over Seles Comporation by buying 300 of 5 eles's 32,100 outstanding shane of common. stock at a total cost of 39 per share on Janary 1,2025. On tune 15, Seles dedared and paid crsh drefdends of 532.700 to alt stocitididers. On December 31 . Seles reported a net income or 573.800 for the year Prepare al necessacyioumal entries in 2005 for both situotions. Abst alf debit entrles before ordit entries Crafit acoount fieles are enker O for the amounts. focond joumel entries in the order presentrd in the problom) Question 6 of 6 List of Accounts Assigtance Used Acrumulated Other Comorehendive toss Alowanor for Doubtul Accounts Allowance to Reduce inventory to Market Had Debe Experice. teonds Prrable Cash Calloption Conmon Stock. Cost of Coods sold bebi imeniments Divderat Revenue Dividerdedentiols fquityinvestinets Far Vilue Adxagtment Futures Conviact Gali on Sale of inveativents Gainonseitlement of Call Cpicion Ginen Settement of But Opeion Interest Expence Interent Recoivacle Interest flownoz leventory investinent lincome toss onlegaiment Lors on sale of trivistrients tosionsettlement of Cal Option Question 6 of 6 Fair Value Adjustment Futures Contract Gain on 5ale of tnyeitments Gain on Settement of Call Option Gain on Settlenient of Put Option interest cepense Interest Reciivable interest Revenue fimeritory Ifwotment income Losson Lmpaifment toss on Sale of Investments Loss on Settement of Call Option toss on Settlenent of Put Option No Entry Notes Payable Paid-in Capraa in Excess of Par - Comnion Stock Put Ootion Recovery of Loss from impaiment Retained Earmines Reverue frominvestment 5ales Reverue. Swap Contract Unmeakined Holding Gain or Loss - Equity Unrealized Holdine Gainor Loss - Income Simetion Lint Attempts: O of 3 used SubmitArwer
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