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On June 12, 2019, Minute Company purchased 1,000 shares of Second Company for a total...

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Accounting

On June 12, 2019, Minute Company purchased 1,000 shares of Second Company for a total of $18,250 and designated the shares as a FVOCI investment.

On September 30, 2019, Minute received a dividend of 25 cents per share.

On December 18, 2019, the shares were sold for $19,100.

Required

Provide all the journal entries for the above events. Hint: you need four journal entries.

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