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Splish Ltd$.$ is a Canadian publicly$-$traded business with a December $31$ fiscal year end. In order to get a better return on some of its excess cash, Splish purchased $70$ common shares of AFS Corporation on July $1\mathrm{.}2023$ at a price of $$6$ per share. On the day of acquisition, $5$ plish elected to account for the investment using the fair$-$value through other comprehensive income $($FV$-$OCI$)$ without recycling. On August $1,2023,$ AFS declared dividends of $$\frac{1}{?}$ share, and paid those dividends on August $20,2023.$ On December $31.2023,$ shares in AFS were trading at $$7$ per share. On September $15,2024.$ Splish sold the shares in AFS for $$9$ per share.

Prepare the journal entries required to record the above transactions on the books of $5$ plish Ltd$.($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. List all debit entries before credit entries.$)$

Date

Account Titles and Explanation

Debit

Credi