5 Exercise 15-7 Accounting for stock investments with insignificant influence LO P4 Prepare journal entries to record the following transactions involving the short-term stock investments of Duke Co, all of which occurred during the current year a. On March 22. purchased 720 shares of RPI Company stock at $23 per share. Duke's stock investment results in it having an insignificant influence over RPL b. On July 1, received a $2 per share cash dividend on the RPI stock purchased in part a. c. on October 8, sold 360 shares of RPi stock for $33 per share. Book View transaction list Journal entry worksheet Type here to search o Journal entry worksheet 2 3 > On July 1, received a $2 per share cash dividend on the RPI stock purchased in part a. Note: Enter debits before credits. Transaction General Journal Debit Credit b Record entry Clear entry View general journal Journal entry worksheet