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a. On March 22, purchased 820 shares of RPI Company stock at $15 per share. Duke's stock investment results in it having an insignificant influence

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a. On March 22, purchased 820 shares of RPI Company stock at $15 per share. Duke's stock investment results in it having an insignificant influence over RPI. b. On July 1, received a $4 per share cash dividend on the RPI stock purchased in part a. c. On October 8, sold 410 shares of RPI stock for $25 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, View transaction list Journal entry worksheet

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