On September 4, 2020, a customer at Home and Hardware purchased $1,280 of lumber to build a deck. They paid $280 with cash and put the remaining amount on account. If the transaction was recorded on September 5, 2020, what is the correct journal entry for this transaction

Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?