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15 Mod 5-Equity Investments, Insignificant Influ Saved Help Save & Exit Submit Check my work 6 12 of 2 look Required information Use the
15 Mod 5-Equity Investments, Insignificant Influ Saved Help Save & Exit Submit Check my work 6 12 of 2 look Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below] a. On March 22. purchased 1,000 shares of RPI Company stock at $10 per share. Duke's stock investment results in it having an insignificant influence over RPI b. On July 1. received a $1 per share cash dividend on the RPI stock purchased in part a c. On October 8, sold 50 shares of RPI stock for $15 per share. Ask Exercise 15-9 (Static) Financial statement impact of stock investments LO P4 Analyze each transaction above by showing its effects on the accounting equation-specifically, identify the accounts and amounts (including + or -) for each transaction.
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