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Chapter 15. Assignment blem 15-2A Part 1 Required Information 1. Prepare joumal entries to reoord the preceding transactions and events. Do not round your term

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Chapter 15. Assignment blem 15-2A Part 1 Required Information 1. Prepare joumal entries to reoord the preceding transactions and events. Do not round your term available-for-sale securities LO P3 The rooowing nformation apples ro the questions displayed belowl Journal Entry worksheet Rose Company had no short term investments prior to year 2015 had the fonowng transactions involving short-term investmentsin avalable sorsale securnesouring 2015. Purchased 4,000 shares of Gem Co. stock at $24.25 per share plus a $180 brokerage fee. Purchased 4,000 shares ofGemco stock ats2425 per share a May 1 Apr 16, 2015 principal amount interest, securities dated May1 Purchased 2000 shares of PepsiCo stock at SA925 per share plus a S175 Purchased tooo shares ofxeroe stock at ss675 per share plus 8 s205 brokerage Enter debits before cre Aug 3 Received a check for principal and accrued intereston the us. Treasury bits that matured on July 31 clear entry 15 Receved an $085 per share cash dvidend on the Gem Co. stock 28 Sold 2000 shares of Gem Co stock at S30 per share less a $225 brokerage fee. Receved a s190 per share cash dvidend on the PepsiCo sheres. Oct. 1 Dec. 15 Received a S105 per share cash dividend on the remaining Gem Co shares. 31 Received a S130 per share cash dividend on the PepsiCo shares

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