Chapter 12 Investments (Intermediate Accounting - Spiceland)

Jasper Company completed the following securities transactions during 2018:

March 1 Purchased 500 shares of Thomas Corporation common stock @ $20 per share plus a brokerage fee of $100. Jasper classified these shares as trading securities.

April 1 Bought 30,000 of the 100,000 outstanding shares of Worth Stores common stock for $300,000 (please pay close attention to the percentage of ownership).

June 25 Received a $1.20 per share dividend on the Thomas Corporation stock.

June 30 Worth Stores paid $20,000 in dividends to its stockholders.

October 1 Purchased 2,000 shares of Alpha Company for $15 per share plus a brokerage fee of $400. Jasper classified these shares as available-for-sale securities.

November 6 Sold the Thomas Corporation shares of $25 per share less a brokerage fee of $250.

December 31 Alpha shares are selling for $12 per share.

December 31 Worth Stores paid $50,000 in dividends and earned a net income of $200,000.

Prepare the necessary journal entries to record the above transactions including any year-end fair value adjustments.

I would like some assistance with the bolded transactions only. Thank you!