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05) (SMARKS) A FIRM PURCHASED INVESTED IN) COMMON SHARES OF XYZ CO, WITH FOLLOWING DETAILS 2000 NO OF COMMON SHARES BOUGHT BUYNIG PRICE 540 BROKERAGE

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05) (SMARKS) A FIRM PURCHASED INVESTED IN) COMMON SHARES OF XYZ CO, WITH FOLLOWING DETAILS 2000 NO OF COMMON SHARES BOUGHT BUYNIG PRICE 540 BROKERAGE CHARGES FOR ALL THE SHARES $200 JOURNALIZE THE FOLLOWING TRANSACTIONS JOURNALIZE PURCHASE OF INVESTMENT STOKKS AND CALCULATE CONT PER SHARE B CALCULATE COST PER SHARE EARNED S 3 PER SHARE AS DIVIDEND INCOME JOURNALIZE ENTRY C D THE FIRM SOLD SHARES TO ABC CO. WITH THE FOLLOWING DETAILS NO OF SHARES SOLD TO ABC CO. BROKERAGE CHARGES FOR ALL THE SHARES SELLING PRICE 1500 5J00 545

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