Aug Sep Nov Dec 6 Purchased 1.800 Intel Corporation common shares as a long-term investment, paying $95.00 per share. Investcorp Inc. exerts no significant Influence on Intel Corporation Commissions on the purchase were $1,000 12 Received cash dividends of $1.85 per share on the Intel Corporation Investment 23 Received 360 intell Corporation common shares in a 20 percent stock dividend. 4 Unexpectedly sold at the Intel Corporation shares for $93.00 per share, less commissions on the sale of $850. Joumalize the investment transactions of Investcorp Inc. Aug 6. Purchased 1,800 Intel Corporation common shares as a long-term investment, paying $95.00 per share. Investcorp Inc. exerts no significant infuence on Intel Corporation Commissions on the purchase were $1,000 (Record debits first, then credits. Exclude explanations from Journal entries.) Journal Entry Date Accounts Debit Credit Aug 6 Long Term Investments 172000 Cash 172000 Sep 12. Received cash dividends of $185 per share on the Intel Corporation Investment, Journal Entry Date Accounts Debit Credit Sep 3330 Owidend Revenue 3330 12 Cash Nov 23. Received 360 Intel Corporation common shares in a 20 percent stock dividend (Round the cost per share to the nearest cont.) Note: Received 360 shares of intell Corporation common shares in 20 percent stock dividend.New cost per share is Dec 4. Unexpectedly sold at the Intell Corporation shares for $93.00 per share, less commissions on the sale of $850, Journal Entry Date Accounts Credit Doc 4 Cash Gain on Long-Term Investments Dobit