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CVF Corporation had no short-term investments prior to this year. It had the following transactions this year involving short-tern stock investments with insignificant influence. April
CVF Corporation had no short-term investments prior to this year. It had the following transactions this year involving short-tern stock investments with insignificant influence. April 16 Purchased 4,500 shares of Twinings Company stock at $28 per share. July 7 Purchased 3,000 shares of Zephyr Company stock at $53 per share. Purchased 1,400 shares of Homer Company stock at $20 per share. July 20 August 15 August 28 October December 15 December 31 Received an $1.10 per share cash dividend on the Twinings Company stock. Sold 2,700 shares of Twinings Company stock at $31 per share. Received a $4.20 per share cash dividend on the Zephyr Company shares. Received a $1.30 per share cash dividend on the remaining Twinings Company shares.. Received a $3.60 per share cash dividend on the Zephyr Company shares. Journal entry worksheet Record entry Clear entry View general journal Journal entry worksheet 1 2 3 4 6 7 8 9 Sold 2,700 shares of Twinings Company stock at $31 per share. Note: Enter debits before credits. Date Aug 28 Account Title Debit Credit Record entry Clear entry View general journal Journal entry worksheet
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