Question
1. a) You are buying 1000 shares of Facebook on January 1, 2021. You paid $320 per share plus a brokerage commission of $84. (2
1.a)You are buying 1000 shares of Facebook on January 1, 2021. You paid $320 per share plus a brokerage commission of $84.(20 points)
Calculations:
Date
Debit
Credit
Db
Cr
b)You sell 150 shares of Facebook stock on 30 May, 2021 for $315 per share, less a $55 brokerage commission.
Calculations:
Date
Debit
Credit
Db
Cr
1.a)You are buying 1000 shares of Facebook on January 1, 2021. You paid $320 per share plus a brokerage commission of $84.(20 points)
Calculations:
Date | Debit | Credit | Db | Cr | |
|
|
|
| ||
|
|
|
|
| |
b)You sell 150 shares of Facebook stock on 30 May, 2021 for $315 per share, less a $55 brokerage commission.
Calculations:
Date | Debit | Credit | Db | Cr | |
|
| ||||
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1st Edition
6202523689, 978-6202523684
