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Current Attempt in Progress Sunland Company had these transactions pertaining to stock investments Purchased 6800 shares of Oriole Company (10%) for $121040 cash. Received cash

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Current Attempt in Progress Sunland Company had these transactions pertaining to stock investments Purchased 6800 shares of Oriole Company (10%) for $121040 cash. Received cash dividends of $1 per share on Oriole stock. Feb. 1 June 1 Oct. 1 Dec. 1 Sold 2000 shares of Oriole stock for 39600. Received cash dividends of $2 per share on Oriole stock. The entry to record the receipt of the dividends June 1 would include a O debit to Dividend Revenue of $6800. debit to Stock Investments of $6800. O credit to the Stock Investments of $6800, credit to Dividend Revenue of $6800

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