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On January 31,2018,McBurger Corporation Purchased the Following Shares of Voting

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On January 31,2018,McBurger Corporation purchased the following shares of voting common stock as long-term investments.None of these holdings amounted to more than 5% of the respective company's outstanding voting shares.The accounting period ends December 31.
On January 31,2018,McBurger Corporation purchased the following shares of voting common stock as long-term investments.None of these holdings amounted to more than 5% of the respective company's outstanding voting shares.The accounting period ends December 31. All of the Bailey Corporation stock was sold for $13,500 on January 12,2020. Prepare the required journal entries at the following dates: January 31,2018,December 31,2018,December 31,2019 and January 12,2020. All of the Bailey Corporation stock was sold for $13,500 on January 12,2020.
Prepare the required journal entries at the following dates: January 31,2018,December 31,2018,December 31,2019 and January 12,2020.

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January 31,2018:
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