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(Solved): In January 2025, the management of Sheridan SE concludes that it has sufficient cash to permit some ...



In January 2025, the management of Sheridan SE concludes that it has sufficient cash to permit some short-term investments in debt and share securities. During the year, the following transactions occurred. Feb. 1 Purchased 500 ordinary shares of Superior for €27,500. Mar. 1 Purchased 700 ordinary shares of Pawlik for \( € 17,500 \). Apr. 1 Purchased \( 40 € 1,050,6 \% \) Venice bonds for \( € 42,000 \). Interest is payable semiannually on October 1 and April 1. July 1 Received a cash dividend of \( € 0.50 \) per share on the Superior ordinary shares. Aug. 1 Sold 167 ordinary shares of Superior at \( € 65 \) per share. Sept. 1 Received a €1 per share cash dividend on the Pawlik ordinary shares. Oct. 1 Received the interest on the Venice bonds. Oct. 1 Sold the Venice bonds for €41,000. At December 31, the fair value of the Superior ordinary shares was €56 per share. The fair value of the Pavilik ordinary shares was €24 per share. joumal entries in the order presented in the problem. Credte account titles are datomatically inderided when the amount is entered. Do not indent manually. H no entry à required, select "No Entry" for the account titles and enter Ofor the amounts. List all debit entries before credit entries) Date Account Tities and Explanation Debit ] 1 ] I [ ] (To remed the receipt of interest on Venice bonds) (To remod the sale of Venioe bonds) List of Accounts Attempts: unilmited (b) the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the docount tilles and enter O for the amounts. List detit entry before oredit entry). Des 31 GHERDANEE Statement of Financhal Pochtion (Partiol) \[ \varepsilon \] aTextbookandMedia List of Accounts (d) Inoome Statement Acoount Category Dhadend Ravenue Galn on Sols of Sharelinverimants Intrereat Ravanus Loaz on Sals of Debt Inveatments



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