...
Finally, the ledger entries for this transaction follow. Accounts added to support the use of the equity method of accounting appear in yellow.
Account | Account | Debit | Credit |
---|---|---|---|
1010000100 | COST OF INVESTMENTS | 0.00 | 7,000.00 |
1002000100 | INVESTMENT RECEIVABLE | 10,000.00 | 0.00 |
4001000108 | INVESTMENT INCOME | 0.00 | 3,000.00 |