solve

om La MC teiud tes - ee Question 1 of 10 -/10 $= View Policies Current Attempt in Progress On August 1, Carla Vista Company buys 1,000 shares of Estrada common stock for $34,500 cash. On December 1, Carla Vista sells the stock investments for $37,500 in cash. Journalize the purchase and sale of the common stock. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem, If no entry is required, select "No entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Assistance Used Bonds Payable Buildings Cash Cash Dividends Common Stock Common Stock Dividends Distributable Debt Investments Discount on Bonds Payable Dividend Revenue Dividends Payable Fair Value Adjustment-Available-for-Sale Fair Value Adjustment-Stock Fair Value Adjustment-Trading Gain on Sale of Debt Investments Gain on Sale of Stock Investments Interest Expense Interest Payable Interest Receivable Interest Revenue Loss on Sale of Debt Investments Loss on Sale of Stock Investments No Entry Paid-in Capital in Excess of Par-Common Stock Revenue from Stock Investments Short-Term Investments Stock Dividends Stock Investments Unrealized Gain or Loss-Equity Unrealized Gain or Loss-Income Attempts: 0 of 3 used