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52. (12 points -2 each) The following transactions were made by Allen Company. Assume all investments are short-term and are readily marketable 2 Purchased 400
52. (12 points -2 each) The following transactions were made by Allen Company. Assume all investments are short-term and are readily marketable 2 Purchased 400 shares of Snoop Corporation common stock for $45 per share. Purchased 200 Barr Corporation bonds for $228,000. 30 Received a cash dividend of $1.50 per share from Snoop Corporation. 15 31 31 July Sept. Dec. Sold 120 shares of Snoop Corporation stock for $50 per share. Received semiannual interest check for $13,000 from Barr Corporation. Received a cash dividend of $2 per share from Snoop Corporation. Instructions Journalize the transactions. Include dates
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