Question

journal entey for investments purchased​

Answer 1

Answer:

To record this in a journal entry, debit your investment account by the purchase price and credit your cash account by the same amount. For example, if your small business buys a 40-percent stake in one of your suppliers for $400,000, you would debit the investment account and credit cash each by $400,000.

Explanation:

plz mark me as brainliest

Answer 2

Answer:

Sorry i dont know. the answer