Recording Investments Journal Entries

Navigating the world of investment journal entries just got easier with Nick guiding the way! This session delves into the intricacies of the fair value, equity, and consolidation methods, explaining their distinct requirements based on the percentage of company ownership. From initial purchases to adjustments based on earnings and dividends, Nick breaks down when and how to apply each method through practical examples, like Apple investing in Microsoft. Whether it's understanding how dividends affect your journal entries or figuring out how income from the investee impacts your records, these clear explanations and real-world applications will clarify important concepts to manage these investments effectively.