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Entries for Investment in Stock, Receipt of Dividends, and Sale of Shares The following equity investment-related transactions were completed by Kindle Company in 2014: Jan.

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Entries for Investment in Stock, Receipt of Dividends, and Sale of Shares The following equity investment-related transactions were completed by Kindle Company in 2014: Jan. 12 Purchased 1, 600 shares of Baxter Company for a price of $45.50 per share plus a brokerage commission of $800. Apr. 10 Received a quarterly dividend of $0.35 per share on the Baxter Company investment. June 3 Sold 1, 100 shares for a price of $41 per share less a brokerage commission of $450. Journalize the entries for these transactions. In your computations, round per share amounts to two decimal places. If required, round the final answers to the nearest dollar. For a compound transaction, if an amount box does not require an entry, leave it blank

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