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(12 points - 3 each) Hungh Company had the following transactions pertaining to short-term investments in equity securities. Jan. 1 June 1 Sept. 15 Purchased
(12 points - 3 each) Hungh Company had the following transactions pertaining to short-term investments in equity securities. Jan. 1 June 1 Sept. 15 Purchased 1,500 shares of Antuni Company stock for $9,500 cash. Received cash dividends of $.40 per share on Antuni Company stock. Sold 375 shares of Antuni Company stock for $2,300 less brokerage fees of $100 Received cash dividends of $.80 per share on Antuni Company stock. Dec. 1 Instructions Prepare a journal entry for each of the transactions. Show dates
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