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a. On March 22, purchased 860 shares of RPI Company stock at $13 per share. Duke's stock investment results in it having an insignificant influence

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a. On March 22, purchased 860 shares of RPI Company stock at $13 per share. Duke's stock investment results in it having an insignificant influence over RPI. b. On July 1, received a \$1 per share cash dividend on the RPI stock purchased in part a. c. On October 8 , sold 430 shares of RPI stock for $23 per share. xercise 15-8 (Algo) Accounting for stock investments with insignificant influence LO P4 epare journal entries to record the given transactions involving the short-term stock investments of Duke Company, all of which ccurred during the current year. Journal entry worksheet On March 22, purchased 860 shares of RPI Company stock at $13 per share. Duke's stock investment results in it having an insignificant influence over RPI. Note: Enter debits before credits

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