a. On March 22, purchased 720 shares of RPI Company stock at $30 per share. Duke's stock investment results in it having an insignificant influence over RPI. 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 $40 per share. Exercise 15-8 (Algo) Accounting for stock investments with insignificant influence LO P4 Prepare journal entries to record the given transactions involving the short-term stock investments of Duke Company, all of which occurred during the current year. Journal entry worksheet 1 2 3 > On March 22, purchased 720 shares of RPI Company stock at $30 per share. Duke's stock investment results in it having an insignificant influence over RPI. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Journal entry worksheet 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. Journal entry worksheet