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DC Corp. has some extra cash to invest and has been looking at various investments.During 2017, DC made the following investments in publicly traded companies.DC
DC Corp. has some extra cash to invest and has been looking at various investments.During 2017, DC made the following investments in publicly traded companies.DC is careful to make sure its investments in these public companies is always less than 5% of the total outstanding shares.If there is no information in the sold columns, that means DC still owns the shares.
Company Name Shares Purchased Date Purchased Shares Sold Date Sold
- Consolidated Communications 7,500 8/15/17 7,500 10/20/18
- Waste Connections 10,000 9/22/17
- Google 2,000 9/29/17 1,500 11/1/18
- Amazon 900 7/17/18
- Eldorado Resorts, Inc. 4,500 10/24/18 3,000 10/31/18
- Verizon 3,000 6/30/17 3,000 12/27/17
Calculate and show all the necessary journal entries for the publicly traded investments for both 2017 and 2018.
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