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Strategic Investments completed the following transactions during 2024:...

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Accounting

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Strategic Investments completed the following transactions during 2024: (Click the icon to view the transactions.) Requitements 1. Joumalize Strategic's transactions. Explanations are not required 2. Classify and prepare partial financial statements for Strategic's 45% Robotic investment for the year ended December 31, 2024 winntinne fram innmal entre Purchased 1,200 shares of Robotic stock, paying $46 per share. The investment represents 45% ownership in Robotic's voting stock and Strategic has significant influence over Robotic. Strategic intends to hold Jan. 14 the investment for the indefinite future. Aug. 22 Received a cash dividend of $0.53 per share on the Robots-stock. Dec. 31 Robotic's current market value of $45 per share. Dec. 31 Robotic reported net income of $220,000 for the year ended 2024

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