The Following Transactions Were Made by Nemo Inc

question 22

Essay

The following transactions were made by Nemo Inc., a public company. Assume all investments are held for trading.
Jun 2 Purchased 200 Searching Corporation common shares for $ 45 per share.
Jul 1 Purchased 200 Finding Corporation bonds for $ 220,000.
30 Received a cash dividend of $ 2 per share from Searching Corporation.
Sep 15 Sold 60 shares of Searching Corporation for $ 50 per share.
Dec 31 Received semi-annual interest cheque for $ 11,000 from Finding Corporation.
31 Received a cash dividend of $ 2 per share from Searching Corporation.
31 The shares of Searching Corporation are worth $ 60 each on this date. The Bonds are worth $ 237,000.
Instructions
Journalize the transactions and required adjusting journal entries at December 31, the company's fiscal year end.

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Definitions:

Process Consultant Attributes

Characteristics or qualities that define a consultant specializing in guiding and advising on organizational processes, improvements, and problem-solving.

Moderate Conflict

A level of disagreement or discord that is manageable and not excessively disruptive.

Problem Solving

Problem solving involves identifying an issue and finding an effective solution through critical thinking and creativity.

Mediation Strategy

A method used to resolve disputes by involving a neutral third party to help achieve consensus without imposing a decision.