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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

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed 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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