SlideShare a Scribd company logo
1 of 1
Grouper, 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 $2 per share dividend.
2. On April 30, Grouper, Inc. sold 290 shares of Chance Company for $10 per share. 3. On May
15, Grouper, Inc. purchased 110 more shares of Evers Company stock at $16 per share. 4. At
December 31, 2020, the stocks had the following price per share values: Evers $17 , Rogers $20 ,
and Chance $8 . During 2021, the following transactions took place. 5. On February 1, Grouper,
Inc. sold the remaining Chance shares for $8 per share. 6. On March 1, Rogers Company paid a
$2 per share dividend. 7. On December 21, Evers Company declared a cash dividend of $3 per
share to be paid in the next month. 8. At December 31, 2021, the stocks had the following price
per share values: Evers $19 and Rogers $22 . Prepare journal entries for each of the above
transactions. (Credit account titles are automatically indented when amount is entered. Do not
indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for
the amounts.) (4) (5) (6) (7) (8)

More Related Content

More from PiersMtTDavidsonl

he IAASB recently revised its standards related to audit reporting- IS.docx
he IAASB recently revised its standards related to audit reporting- IS.docxhe IAASB recently revised its standards related to audit reporting- IS.docx
he IAASB recently revised its standards related to audit reporting- IS.docx
PiersMtTDavidsonl
 
Governments need tax payments to stimulate national prosperity- welfar.docx
Governments need tax payments to stimulate national prosperity- welfar.docxGovernments need tax payments to stimulate national prosperity- welfar.docx
Governments need tax payments to stimulate national prosperity- welfar.docx
PiersMtTDavidsonl
 

More from PiersMtTDavidsonl (20)

he IAASB recently revised its standards related to audit reporting- IS.docx
he IAASB recently revised its standards related to audit reporting- IS.docxhe IAASB recently revised its standards related to audit reporting- IS.docx
he IAASB recently revised its standards related to audit reporting- IS.docx
 
he following information is available for the preparation of the gover.docx
he following information is available for the preparation of the gover.docxhe following information is available for the preparation of the gover.docx
he following information is available for the preparation of the gover.docx
 
he notion that famine does not occur in democratic countries relates t.docx
he notion that famine does not occur in democratic countries relates t.docxhe notion that famine does not occur in democratic countries relates t.docx
he notion that famine does not occur in democratic countries relates t.docx
 
he following diagram summarizes the key events in the second stage of.docx
he following diagram summarizes the key events in the second stage of.docxhe following diagram summarizes the key events in the second stage of.docx
he following diagram summarizes the key events in the second stage of.docx
 
Having read the cases assigned for Chapter 3 please explain how Hallib.docx
Having read the cases assigned for Chapter 3 please explain how Hallib.docxHaving read the cases assigned for Chapter 3 please explain how Hallib.docx
Having read the cases assigned for Chapter 3 please explain how Hallib.docx
 
have inhabited the St- Paul 1- Dayton Bluffs Area - spiritual signific.docx
have inhabited the St- Paul 1- Dayton Bluffs Area - spiritual signific.docxhave inhabited the St- Paul 1- Dayton Bluffs Area - spiritual signific.docx
have inhabited the St- Paul 1- Dayton Bluffs Area - spiritual signific.docx
 
Hayes Corporation has $85 million of common equity on its balance shee.docx
Hayes Corporation has $85 million of common equity on its balance shee.docxHayes Corporation has $85 million of common equity on its balance shee.docx
Hayes Corporation has $85 million of common equity on its balance shee.docx
 
Haskins acquires 100- of Sells on January 1-2011 - Haskins uses the eq (1).docx
Haskins acquires 100- of Sells on January 1-2011 - Haskins uses the eq (1).docxHaskins acquires 100- of Sells on January 1-2011 - Haskins uses the eq (1).docx
Haskins acquires 100- of Sells on January 1-2011 - Haskins uses the eq (1).docx
 
Harry and Hildi Hausman's AGI for the year is $144-130 and they have 3.docx
Harry and Hildi Hausman's AGI for the year is $144-130 and they have 3.docxHarry and Hildi Hausman's AGI for the year is $144-130 and they have 3.docx
Harry and Hildi Hausman's AGI for the year is $144-130 and they have 3.docx
 
Hartley- Inc- reported a net income of $95-000 on sales $1-400-000- Th.docx
Hartley- Inc- reported a net income of $95-000 on sales $1-400-000- Th.docxHartley- Inc- reported a net income of $95-000 on sales $1-400-000- Th.docx
Hartley- Inc- reported a net income of $95-000 on sales $1-400-000- Th.docx
 
guestion te The responses of a neuron to a depolarising eurrent pulse.docx
guestion te The responses of a neuron to a depolarising eurrent pulse.docxguestion te The responses of a neuron to a depolarising eurrent pulse.docx
guestion te The responses of a neuron to a depolarising eurrent pulse.docx
 
Gulf Corp- has the following information- What is the asset turnover r.docx
Gulf Corp- has the following information- What is the asset turnover r.docxGulf Corp- has the following information- What is the asset turnover r.docx
Gulf Corp- has the following information- What is the asset turnover r.docx
 
Greenville has provided the following information from its General Fun.docx
Greenville has provided the following information from its General Fun.docxGreenville has provided the following information from its General Fun.docx
Greenville has provided the following information from its General Fun.docx
 
Graffiti Advertising- Incorporated- reported the following financial s.docx
Graffiti Advertising- Incorporated- reported the following financial s.docxGraffiti Advertising- Incorporated- reported the following financial s.docx
Graffiti Advertising- Incorporated- reported the following financial s.docx
 
Gorgonzola is a small island nation with a simple economy that produce.docx
Gorgonzola is a small island nation with a simple economy that produce.docxGorgonzola is a small island nation with a simple economy that produce.docx
Gorgonzola is a small island nation with a simple economy that produce.docx
 
Governments need tax payments to stimulate national prosperity- welfar.docx
Governments need tax payments to stimulate national prosperity- welfar.docxGovernments need tax payments to stimulate national prosperity- welfar.docx
Governments need tax payments to stimulate national prosperity- welfar.docx
 
Governnient furising- The following table presents the budget (in mill.docx
Governnient furising- The following table presents the budget (in mill.docxGovernnient furising- The following table presents the budget (in mill.docx
Governnient furising- The following table presents the budget (in mill.docx
 
Gomez Corporation uses the allowance method to account for uncollectib.docx
Gomez Corporation uses the allowance method to account for uncollectib.docxGomez Corporation uses the allowance method to account for uncollectib.docx
Gomez Corporation uses the allowance method to account for uncollectib.docx
 
good afternoon- I am reaching out because I have been having trouble f.docx
good afternoon- I am reaching out because I have been having trouble f.docxgood afternoon- I am reaching out because I have been having trouble f.docx
good afternoon- I am reaching out because I have been having trouble f.docx
 
Glycation is a feature of both type 1 and type 2 diabetes- How does gl.docx
Glycation is a feature of both type 1 and type 2 diabetes- How does gl.docxGlycation is a feature of both type 1 and type 2 diabetes- How does gl.docx
Glycation is a feature of both type 1 and type 2 diabetes- How does gl.docx
 

Recently uploaded

Personalisation of Education by AI and Big Data - Lourdes Guàrdia
Personalisation of Education by AI and Big Data - Lourdes GuàrdiaPersonalisation of Education by AI and Big Data - Lourdes Guàrdia
Personalisation of Education by AI and Big Data - Lourdes Guàrdia
EADTU
 
Spellings Wk 4 and Wk 5 for Grade 4 at CAPS
Spellings Wk 4 and Wk 5 for Grade 4 at CAPSSpellings Wk 4 and Wk 5 for Grade 4 at CAPS
Spellings Wk 4 and Wk 5 for Grade 4 at CAPS
AnaAcapella
 
會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽
會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽
會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽
中 央社
 
Contoh Aksi Nyata Refleksi Diri ( NUR ).pdf
Contoh Aksi Nyata Refleksi Diri ( NUR ).pdfContoh Aksi Nyata Refleksi Diri ( NUR ).pdf
Contoh Aksi Nyata Refleksi Diri ( NUR ).pdf
cupulin
 

Recently uploaded (20)

Observing-Correct-Grammar-in-Making-Definitions.pptx
Observing-Correct-Grammar-in-Making-Definitions.pptxObserving-Correct-Grammar-in-Making-Definitions.pptx
Observing-Correct-Grammar-in-Making-Definitions.pptx
 
male presentation...pdf.................
male presentation...pdf.................male presentation...pdf.................
male presentation...pdf.................
 
Improved Approval Flow in Odoo 17 Studio App
Improved Approval Flow in Odoo 17 Studio AppImproved Approval Flow in Odoo 17 Studio App
Improved Approval Flow in Odoo 17 Studio App
 
Graduate Outcomes Presentation Slides - English (v3).pptx
Graduate Outcomes Presentation Slides - English (v3).pptxGraduate Outcomes Presentation Slides - English (v3).pptx
Graduate Outcomes Presentation Slides - English (v3).pptx
 
DEMONSTRATION LESSON IN ENGLISH 4 MATATAG CURRICULUM
DEMONSTRATION LESSON IN ENGLISH 4 MATATAG CURRICULUMDEMONSTRATION LESSON IN ENGLISH 4 MATATAG CURRICULUM
DEMONSTRATION LESSON IN ENGLISH 4 MATATAG CURRICULUM
 
UChicago CMSC 23320 - The Best Commit Messages of 2024
UChicago CMSC 23320 - The Best Commit Messages of 2024UChicago CMSC 23320 - The Best Commit Messages of 2024
UChicago CMSC 23320 - The Best Commit Messages of 2024
 
Spring gala 2024 photo slideshow - Celebrating School-Community Partnerships
Spring gala 2024 photo slideshow - Celebrating School-Community PartnershipsSpring gala 2024 photo slideshow - Celebrating School-Community Partnerships
Spring gala 2024 photo slideshow - Celebrating School-Community Partnerships
 
Andreas Schleicher presents at the launch of What does child empowerment mean...
Andreas Schleicher presents at the launch of What does child empowerment mean...Andreas Schleicher presents at the launch of What does child empowerment mean...
Andreas Schleicher presents at the launch of What does child empowerment mean...
 
Personalisation of Education by AI and Big Data - Lourdes Guàrdia
Personalisation of Education by AI and Big Data - Lourdes GuàrdiaPersonalisation of Education by AI and Big Data - Lourdes Guàrdia
Personalisation of Education by AI and Big Data - Lourdes Guàrdia
 
The Story of Village Palampur Class 9 Free Study Material PDF
The Story of Village Palampur Class 9 Free Study Material PDFThe Story of Village Palampur Class 9 Free Study Material PDF
The Story of Village Palampur Class 9 Free Study Material PDF
 
Spellings Wk 4 and Wk 5 for Grade 4 at CAPS
Spellings Wk 4 and Wk 5 for Grade 4 at CAPSSpellings Wk 4 and Wk 5 for Grade 4 at CAPS
Spellings Wk 4 and Wk 5 for Grade 4 at CAPS
 
ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH FORM 50 CÂU TRẮC NGHI...
ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH FORM 50 CÂU TRẮC NGHI...ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH FORM 50 CÂU TRẮC NGHI...
ĐỀ THAM KHẢO KÌ THI TUYỂN SINH VÀO LỚP 10 MÔN TIẾNG ANH FORM 50 CÂU TRẮC NGHI...
 
VAMOS CUIDAR DO NOSSO PLANETA! .
VAMOS CUIDAR DO NOSSO PLANETA!                    .VAMOS CUIDAR DO NOSSO PLANETA!                    .
VAMOS CUIDAR DO NOSSO PLANETA! .
 
會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽
會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽
會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽會考英聽
 
Mattingly "AI and Prompt Design: LLMs with NER"
Mattingly "AI and Prompt Design: LLMs with NER"Mattingly "AI and Prompt Design: LLMs with NER"
Mattingly "AI and Prompt Design: LLMs with NER"
 
An overview of the various scriptures in Hinduism
An overview of the various scriptures in HinduismAn overview of the various scriptures in Hinduism
An overview of the various scriptures in Hinduism
 
AIM of Education-Teachers Training-2024.ppt
AIM of Education-Teachers Training-2024.pptAIM of Education-Teachers Training-2024.ppt
AIM of Education-Teachers Training-2024.ppt
 
Contoh Aksi Nyata Refleksi Diri ( NUR ).pdf
Contoh Aksi Nyata Refleksi Diri ( NUR ).pdfContoh Aksi Nyata Refleksi Diri ( NUR ).pdf
Contoh Aksi Nyata Refleksi Diri ( NUR ).pdf
 
Including Mental Health Support in Project Delivery, 14 May.pdf
Including Mental Health Support in Project Delivery, 14 May.pdfIncluding Mental Health Support in Project Delivery, 14 May.pdf
Including Mental Health Support in Project Delivery, 14 May.pdf
 
When Quality Assurance Meets Innovation in Higher Education - Report launch w...
When Quality Assurance Meets Innovation in Higher Education - Report launch w...When Quality Assurance Meets Innovation in Higher Education - Report launch w...
When Quality Assurance Meets Innovation in Higher Education - Report launch w...
 

Grouper- Inc- had the following equity investment portfolio at January.docx

  • 1. Grouper, 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 $2 per share dividend. 2. On April 30, Grouper, Inc. sold 290 shares of Chance Company for $10 per share. 3. On May 15, Grouper, Inc. purchased 110 more shares of Evers Company stock at $16 per share. 4. At December 31, 2020, the stocks had the following price per share values: Evers $17 , Rogers $20 , and Chance $8 . During 2021, the following transactions took place. 5. On February 1, Grouper, Inc. sold the remaining Chance shares for $8 per share. 6. On March 1, Rogers Company paid a $2 per share dividend. 7. On December 21, Evers Company declared a cash dividend of $3 per share to be paid in the next month. 8. At December 31, 2021, the stocks had the following price per share values: Evers $19 and Rogers $22 . Prepare journal entries for each of the above transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (4) (5) (6) (7) (8)