Question: what is the entry for december 31 ? what is the journal entry for dec 31 ? Derne the yeer ended Decemioer 31, 2024, ind

what is the entry for december 31 ?

entry for dec 31 ? Derne the yeer ended Decemioer 31, 2024,

what is the journal entry for dec 31 ?

Ake. 1 soid 14018 Fouminn vares it 547 des share. 1. sida

Derne the yeer ended Decemioer 31, 2024, ind po Corperation a pubic compary, had the dollowene trancactiors refiend to Ake. 1 soid 14018 Fouminn vares it 547 des share. 1. sida the cat pohati hor sige geo (ia) intries (To record sale of imestment) During the year ended December 31, 2024, Indigo Corporation, a public company, had the following transactions related to investments held for trading purposes: Feb. 1 Purchased 615 IBF common shares for $27,675. Mar. 1 Purchased 1,440 Raimundo common shares for $44,640. Apr. 1 Purchased $201,000 of CRT 5% bonds at par, Interest is payable semi-annually on April 1 and October 1. July 1 Recelved a cash dividend of $1.00 per share on the IBF common shares. Aug. 1 Sold 210 IBF commonshares at $49 per share. Oct. 1 Received the semi-annual interest on the CRT bonds. 1 Sold the CRT bonds for $206,000. Dec 31 The fair values of the IBF and Raimundo common shares were $51 and $27 per share, respectively. (Collection of interest revenue.) (To record sale of investment.)

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