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Blossom Inc had these transactions pertaining to investments in common stock Jan 1 Purchased 1,290 sares of Gate Corporation stick(5% of outstanding shares)for $64500 cash
Blossom Inc had these transactions pertaining to investments in common stock Jan 1 Purchased 1,290 sares of Gate Corporation stick(5% of outstanding shares)for $64500 cash July 1 Received a cash dividend of $8 per share Dec 1 Sold 860 shares of Gate crppration commonstock for 44,720 cash Dec 31. Received a cash dividwnd of $8 per share journalize the transactions
Jan 1 Purchased 1,290 sares of Gate Corporation stick(5% of outstanding shares)for $64500 cash
July 1 Received a cash dividend of $8 per share
Dec 1 Sold 860 shares of Gate crppration commonstock for 44,720 cash
Dec 31. Received a cash dividwnd of $8 per share
journalize the transactions
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Financial Accounting For Non Specialities
Authors: Peter Atrill, Eddie McLaney
2nd Edition
0139833625, 9780139833625
