During 2021, Colorado Co. stock was sold for $10,010. The fair value of the stock on December 31, 2021, was Clemson Corp. stock—$19,290; Buffaloes Co. stock—$20,800. None of the equity investments result in significant influence.(a) Prepare the adjusting journal entry needed on December 31, 2020.(b) Prepare the journal entry to record the sale of the Colorado Co. stock during 2021.(c) Prepare the adjusting journal entry needed on December 31, 2021.

Proportion of us adults who own a cell phone. in a survey of 1006 us adults in 2014, 90% said they had a cell phone.1

The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)

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