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Entries for Equity investments: Less than 20% Dwnership The following equity investment transactions were completed by Vintage Company during a recent year: Aor. 10. Purchased
Entries for Equity investments: Less than 20% Dwnership The following equity investment transactions were completed by Vintage Company during a recent year: Aor. 10. Purchased 2,800 shares of Delew Company's common stock for a price of 547.85 per share pius a brokerage commission of \$420. Delew Company has 265,000 shares of common stock outstanding. July B. Recelved a quarterly dividend of $0.40 per share on the Delew Cormpany investment. Sept. 10. Sold 1,900 shares for a price of $43 per share less a brokerage commission ot $240. Dec. 31. Ac the end of the accounting period, the fair yalue of the remsining 900 shares of Delew Companyss stock was $47.50 per share. Journalice the entries for these transsctsont. If an amount box does not require ao entry, leave it blank If required, round the finat answers to the nearest dollar: Entries for Equity investments: Less than 20% Dwnership The following equity investment transactions were completed by Vintage Company during a recent year: Aor. 10. Purchased 2,800 shares of Delew Company's common stock for a price of 547.85 per share pius a brokerage commission of \$420. Delew Company has 265,000 shares of common stock outstanding. July B. Recelved a quarterly dividend of $0.40 per share on the Delew Cormpany investment. Sept. 10. Sold 1,900 shares for a price of $43 per share less a brokerage commission ot $240. Dec. 31. Ac the end of the accounting period, the fair yalue of the remsining 900 shares of Delew Companyss stock was $47.50 per share. Journalice the entries for these transsctsont. If an amount box does not require ao entry, leave it blank If required, round the finat answers to the nearest dollar
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