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2. The following data pertain to the marketable securities of Patterson Company for the year 2013. a) Jan. 2, purchased 250 shares of Lucy Company
2. The following data pertain to the marketable securities of Patterson Company for the year 2013. a) Jan. 2, purchased 250 shares of Lucy Company at $18 per share. b) Feb. 1, Lucy Company declared dividend of 75 cents per share. c) March. I, purchased $10,000 face value (1,000 bonds) 12% bonds of Linda Company paying totally $9,900. Interest is payable December 1 and June 1. The bonds mature December 1, 2013. (issue date Dec. 1, 2012) d) May 3, sold 150 shares of Lucy Company and collected totally $2,550. c) June 1, received interest on Linda Company bonds. f) Sept. 1, sold 600 bonds of Linda Company collecting totally $6,090. g) Dec 31, make all necessary entries, 2
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