SlideShare a Scribd company logo
Grouper Corporation purchased 460 shares of Nolan Inc. common stock for $14 , 100 (Grouper
does not have significant influence). During the year, Nolan paid a cash dividend of $3.50 per
share. At year-end, Nolan stock was selling for $33.00 per share. Prepare Grouper's journal entry
to record the purchase of the investment. (List all debit entries before credit entries. Credit
account titles are automatically indented when the 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.)

More Related Content

More from aaicommunication34

Goal- Your goal in this assignment is to write a Java program that sim.pdf
Goal- Your goal in this assignment is to write a Java program that sim.pdfGoal- Your goal in this assignment is to write a Java program that sim.pdf
Goal- Your goal in this assignment is to write a Java program that sim.pdf
aaicommunication34
 
Glycolysis is the process by which is oxidized into The TCA cycle is t.pdf
Glycolysis is the process by which is oxidized into The TCA cycle is t.pdfGlycolysis is the process by which is oxidized into The TCA cycle is t.pdf
Glycolysis is the process by which is oxidized into The TCA cycle is t.pdf
aaicommunication34
 
Glycolysis- the TCA or Krebs Cycle- and the electron transport system.pdf
Glycolysis- the TCA or Krebs Cycle- and the electron transport system.pdfGlycolysis- the TCA or Krebs Cycle- and the electron transport system.pdf
Glycolysis- the TCA or Krebs Cycle- and the electron transport system.pdf
aaicommunication34
 
Given the probabilities of two independent events- P(A)-0-12P(B)-0-22.pdf
Given the probabilities of two independent events- P(A)-0-12P(B)-0-22.pdfGiven the probabilities of two independent events- P(A)-0-12P(B)-0-22.pdf
Given the probabilities of two independent events- P(A)-0-12P(B)-0-22.pdf
aaicommunication34
 
Given the header of a method public static String m1 (double num1- cha.pdf
Given the header of a method public static String m1 (double num1- cha.pdfGiven the header of a method public static String m1 (double num1- cha.pdf
Given the header of a method public static String m1 (double num1- cha.pdf
aaicommunication34
 
Given the utility function U(X-Y)-XY- Abby consumes X-4 and Y-9- her M.pdf
Given the utility function U(X-Y)-XY- Abby consumes X-4 and Y-9- her M.pdfGiven the utility function U(X-Y)-XY- Abby consumes X-4 and Y-9- her M.pdf
Given the utility function U(X-Y)-XY- Abby consumes X-4 and Y-9- her M.pdf
aaicommunication34
 
Given the utility function U(X-Y)-XY- Abby consumes X-2 and Y-7- her M.pdf
Given the utility function U(X-Y)-XY- Abby consumes X-2 and Y-7- her M.pdfGiven the utility function U(X-Y)-XY- Abby consumes X-2 and Y-7- her M.pdf
Given the utility function U(X-Y)-XY- Abby consumes X-2 and Y-7- her M.pdf
aaicommunication34
 
Globalisation is the process by which businesses develop international.pdf
Globalisation is the process by which businesses develop international.pdfGlobalisation is the process by which businesses develop international.pdf
Globalisation is the process by which businesses develop international.pdf
aaicommunication34
 
Gloria Chu- a general manager at the MotoX Corporation- wants all of h.pdf
Gloria Chu- a general manager at the MotoX Corporation- wants all of h.pdfGloria Chu- a general manager at the MotoX Corporation- wants all of h.pdf
Gloria Chu- a general manager at the MotoX Corporation- wants all of h.pdf
aaicommunication34
 
Globalization has led to a- increasing loyalty of customers for produc.pdf
Globalization has led to a- increasing loyalty of customers for produc.pdfGlobalization has led to a- increasing loyalty of customers for produc.pdf
Globalization has led to a- increasing loyalty of customers for produc.pdf
aaicommunication34
 
GKC- CPA expressed an adverse opinion on the operating effectiveness o.pdf
GKC- CPA expressed an adverse opinion on the operating effectiveness o.pdfGKC- CPA expressed an adverse opinion on the operating effectiveness o.pdf
GKC- CPA expressed an adverse opinion on the operating effectiveness o.pdf
aaicommunication34
 
Given the probability density function f(x)-2x-3 for 0x3- derive the e.pdf
Given the probability density function f(x)-2x-3 for 0x3- derive the e.pdfGiven the probability density function f(x)-2x-3 for 0x3- derive the e.pdf
Given the probability density function f(x)-2x-3 for 0x3- derive the e.pdf
aaicommunication34
 
HANDOUT 7-3 Filling in the Blanks Write letters in the blanks to compl.pdf
HANDOUT 7-3 Filling in the Blanks Write letters in the blanks to compl.pdfHANDOUT 7-3 Filling in the Blanks Write letters in the blanks to compl.pdf
HANDOUT 7-3 Filling in the Blanks Write letters in the blanks to compl.pdf
aaicommunication34
 
Given the joint probability density function f(x-y)-6x(1y) on 0x1 and (1).pdf
Given the joint probability density function f(x-y)-6x(1y) on 0x1 and (1).pdfGiven the joint probability density function f(x-y)-6x(1y) on 0x1 and (1).pdf
Given the joint probability density function f(x-y)-6x(1y) on 0x1 and (1).pdf
aaicommunication34
 
Given the lists- 1st1 and 1st 2- create a new sorted list consisting o.pdf
Given the lists- 1st1 and 1st 2- create a new sorted list consisting o.pdfGiven the lists- 1st1 and 1st 2- create a new sorted list consisting o.pdf
Given the lists- 1st1 and 1st 2- create a new sorted list consisting o.pdf
aaicommunication34
 
hacer un programa en c++ que registre los pacientes cuando lleguen a u.pdf
hacer un programa en c++ que registre los pacientes cuando lleguen a u.pdfhacer un programa en c++ que registre los pacientes cuando lleguen a u.pdf
hacer un programa en c++ que registre los pacientes cuando lleguen a u.pdf
aaicommunication34
 
H0-p1p2Ha-p1p2.pdf
H0-p1p2Ha-p1p2.pdfH0-p1p2Ha-p1p2.pdf
H0-p1p2Ha-p1p2.pdf
aaicommunication34
 
Ha-p1p2.pdf
Ha-p1p2.pdfHa-p1p2.pdf
Ha-p1p2.pdf
aaicommunication34
 
Hacer un programa en c++ que permita realizar las votaciones de una el.pdf
Hacer un programa en c++ que permita realizar las votaciones de una el.pdfHacer un programa en c++ que permita realizar las votaciones de una el.pdf
Hacer un programa en c++ que permita realizar las votaciones de una el.pdf
aaicommunication34
 
h- Pad the smoumt ewied an the inveke within the dinceunt period- c- D.pdf
h- Pad the smoumt ewied an the inveke within the dinceunt period- c- D.pdfh- Pad the smoumt ewied an the inveke within the dinceunt period- c- D.pdf
h- Pad the smoumt ewied an the inveke within the dinceunt period- c- D.pdf
aaicommunication34
 

More from aaicommunication34 (20)

Goal- Your goal in this assignment is to write a Java program that sim.pdf
Goal- Your goal in this assignment is to write a Java program that sim.pdfGoal- Your goal in this assignment is to write a Java program that sim.pdf
Goal- Your goal in this assignment is to write a Java program that sim.pdf
 
Glycolysis is the process by which is oxidized into The TCA cycle is t.pdf
Glycolysis is the process by which is oxidized into The TCA cycle is t.pdfGlycolysis is the process by which is oxidized into The TCA cycle is t.pdf
Glycolysis is the process by which is oxidized into The TCA cycle is t.pdf
 
Glycolysis- the TCA or Krebs Cycle- and the electron transport system.pdf
Glycolysis- the TCA or Krebs Cycle- and the electron transport system.pdfGlycolysis- the TCA or Krebs Cycle- and the electron transport system.pdf
Glycolysis- the TCA or Krebs Cycle- and the electron transport system.pdf
 
Given the probabilities of two independent events- P(A)-0-12P(B)-0-22.pdf
Given the probabilities of two independent events- P(A)-0-12P(B)-0-22.pdfGiven the probabilities of two independent events- P(A)-0-12P(B)-0-22.pdf
Given the probabilities of two independent events- P(A)-0-12P(B)-0-22.pdf
 
Given the header of a method public static String m1 (double num1- cha.pdf
Given the header of a method public static String m1 (double num1- cha.pdfGiven the header of a method public static String m1 (double num1- cha.pdf
Given the header of a method public static String m1 (double num1- cha.pdf
 
Given the utility function U(X-Y)-XY- Abby consumes X-4 and Y-9- her M.pdf
Given the utility function U(X-Y)-XY- Abby consumes X-4 and Y-9- her M.pdfGiven the utility function U(X-Y)-XY- Abby consumes X-4 and Y-9- her M.pdf
Given the utility function U(X-Y)-XY- Abby consumes X-4 and Y-9- her M.pdf
 
Given the utility function U(X-Y)-XY- Abby consumes X-2 and Y-7- her M.pdf
Given the utility function U(X-Y)-XY- Abby consumes X-2 and Y-7- her M.pdfGiven the utility function U(X-Y)-XY- Abby consumes X-2 and Y-7- her M.pdf
Given the utility function U(X-Y)-XY- Abby consumes X-2 and Y-7- her M.pdf
 
Globalisation is the process by which businesses develop international.pdf
Globalisation is the process by which businesses develop international.pdfGlobalisation is the process by which businesses develop international.pdf
Globalisation is the process by which businesses develop international.pdf
 
Gloria Chu- a general manager at the MotoX Corporation- wants all of h.pdf
Gloria Chu- a general manager at the MotoX Corporation- wants all of h.pdfGloria Chu- a general manager at the MotoX Corporation- wants all of h.pdf
Gloria Chu- a general manager at the MotoX Corporation- wants all of h.pdf
 
Globalization has led to a- increasing loyalty of customers for produc.pdf
Globalization has led to a- increasing loyalty of customers for produc.pdfGlobalization has led to a- increasing loyalty of customers for produc.pdf
Globalization has led to a- increasing loyalty of customers for produc.pdf
 
GKC- CPA expressed an adverse opinion on the operating effectiveness o.pdf
GKC- CPA expressed an adverse opinion on the operating effectiveness o.pdfGKC- CPA expressed an adverse opinion on the operating effectiveness o.pdf
GKC- CPA expressed an adverse opinion on the operating effectiveness o.pdf
 
Given the probability density function f(x)-2x-3 for 0x3- derive the e.pdf
Given the probability density function f(x)-2x-3 for 0x3- derive the e.pdfGiven the probability density function f(x)-2x-3 for 0x3- derive the e.pdf
Given the probability density function f(x)-2x-3 for 0x3- derive the e.pdf
 
HANDOUT 7-3 Filling in the Blanks Write letters in the blanks to compl.pdf
HANDOUT 7-3 Filling in the Blanks Write letters in the blanks to compl.pdfHANDOUT 7-3 Filling in the Blanks Write letters in the blanks to compl.pdf
HANDOUT 7-3 Filling in the Blanks Write letters in the blanks to compl.pdf
 
Given the joint probability density function f(x-y)-6x(1y) on 0x1 and (1).pdf
Given the joint probability density function f(x-y)-6x(1y) on 0x1 and (1).pdfGiven the joint probability density function f(x-y)-6x(1y) on 0x1 and (1).pdf
Given the joint probability density function f(x-y)-6x(1y) on 0x1 and (1).pdf
 
Given the lists- 1st1 and 1st 2- create a new sorted list consisting o.pdf
Given the lists- 1st1 and 1st 2- create a new sorted list consisting o.pdfGiven the lists- 1st1 and 1st 2- create a new sorted list consisting o.pdf
Given the lists- 1st1 and 1st 2- create a new sorted list consisting o.pdf
 
hacer un programa en c++ que registre los pacientes cuando lleguen a u.pdf
hacer un programa en c++ que registre los pacientes cuando lleguen a u.pdfhacer un programa en c++ que registre los pacientes cuando lleguen a u.pdf
hacer un programa en c++ que registre los pacientes cuando lleguen a u.pdf
 
H0-p1p2Ha-p1p2.pdf
H0-p1p2Ha-p1p2.pdfH0-p1p2Ha-p1p2.pdf
H0-p1p2Ha-p1p2.pdf
 
Ha-p1p2.pdf
Ha-p1p2.pdfHa-p1p2.pdf
Ha-p1p2.pdf
 
Hacer un programa en c++ que permita realizar las votaciones de una el.pdf
Hacer un programa en c++ que permita realizar las votaciones de una el.pdfHacer un programa en c++ que permita realizar las votaciones de una el.pdf
Hacer un programa en c++ que permita realizar las votaciones de una el.pdf
 
h- Pad the smoumt ewied an the inveke within the dinceunt period- c- D.pdf
h- Pad the smoumt ewied an the inveke within the dinceunt period- c- D.pdfh- Pad the smoumt ewied an the inveke within the dinceunt period- c- D.pdf
h- Pad the smoumt ewied an the inveke within the dinceunt period- c- D.pdf
 

Recently uploaded

Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
vaibhavrinwa19
 
Digital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and ResearchDigital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and Research
Vikramjit Singh
 
Overview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with MechanismOverview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with Mechanism
DeeptiGupta154
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
heathfieldcps1
 
The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
Delapenabediema
 
Marketing internship report file for MBA
Marketing internship report file for MBAMarketing internship report file for MBA
Marketing internship report file for MBA
gb193092
 
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
siemaillard
 
Best Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDABest Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDA
deeptiverma2406
 
A Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in EducationA Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in Education
Peter Windle
 
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
MysoreMuleSoftMeetup
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
EduSkills OECD
 
Multithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race conditionMultithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race condition
Mohammed Sikander
 
Unit 2- Research Aptitude (UGC NET Paper I).pdf
Unit 2- Research Aptitude (UGC NET Paper I).pdfUnit 2- Research Aptitude (UGC NET Paper I).pdf
Unit 2- Research Aptitude (UGC NET Paper I).pdf
Thiyagu K
 
special B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdfspecial B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdf
Special education needs
 
The approach at University of Liverpool.pptx
The approach at University of Liverpool.pptxThe approach at University of Liverpool.pptx
The approach at University of Liverpool.pptx
Jisc
 
Operation Blue Star - Saka Neela Tara
Operation Blue Star   -  Saka Neela TaraOperation Blue Star   -  Saka Neela Tara
Operation Blue Star - Saka Neela Tara
Balvir Singh
 
1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx
JosvitaDsouza2
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
Atul Kumar Singh
 
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
EugeneSaldivar
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
Sandy Millin
 

Recently uploaded (20)

Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
 
Digital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and ResearchDigital Tools and AI for Teaching Learning and Research
Digital Tools and AI for Teaching Learning and Research
 
Overview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with MechanismOverview on Edible Vaccine: Pros & Cons with Mechanism
Overview on Edible Vaccine: Pros & Cons with Mechanism
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
 
The Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official PublicationThe Challenger.pdf DNHS Official Publication
The Challenger.pdf DNHS Official Publication
 
Marketing internship report file for MBA
Marketing internship report file for MBAMarketing internship report file for MBA
Marketing internship report file for MBA
 
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
 
Best Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDABest Digital Marketing Institute In NOIDA
Best Digital Marketing Institute In NOIDA
 
A Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in EducationA Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in Education
 
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
 
Multithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race conditionMultithreading_in_C++ - std::thread, race condition
Multithreading_in_C++ - std::thread, race condition
 
Unit 2- Research Aptitude (UGC NET Paper I).pdf
Unit 2- Research Aptitude (UGC NET Paper I).pdfUnit 2- Research Aptitude (UGC NET Paper I).pdf
Unit 2- Research Aptitude (UGC NET Paper I).pdf
 
special B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdfspecial B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdf
 
The approach at University of Liverpool.pptx
The approach at University of Liverpool.pptxThe approach at University of Liverpool.pptx
The approach at University of Liverpool.pptx
 
Operation Blue Star - Saka Neela Tara
Operation Blue Star   -  Saka Neela TaraOperation Blue Star   -  Saka Neela Tara
Operation Blue Star - Saka Neela Tara
 
1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx1.4 modern child centered education - mahatma gandhi-2.pptx
1.4 modern child centered education - mahatma gandhi-2.pptx
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
 
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...TESDA TM1 REVIEWER  FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
TESDA TM1 REVIEWER FOR NATIONAL ASSESSMENT WRITTEN AND ORAL QUESTIONS WITH A...
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
 

Grouper Corporation purchased 460 shares of Nolan Inc- common stock fo.pdf

  • 1. Grouper Corporation purchased 460 shares of Nolan Inc. common stock for $14 , 100 (Grouper does not have significant influence). During the year, Nolan paid a cash dividend of $3.50 per share. At year-end, Nolan stock was selling for $33.00 per share. Prepare Grouper's journal entry to record the purchase of the investment. (List all debit entries before credit entries. Credit account titles are automatically indented when the 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.)