Question
Entries for Investment in Stock, Receipt of Dividends, and Sale of Shares The following equity investment transactions were completed by Romero Company during a
Entries for Investment in Stock, Receipt of Dividends, and Sale of Shares The following equity investment transactions were completed by Romero Company during a recent year: Apr. 10. July 8. Purchased 1,900 shares of Dixon Company for a price of $61.75 per share plus a brokerage commission of $475. Received a quarterly dividend of $0.65 per share on the Dixon Company investment. Sept. 10. Sold 1,300 shares for a price of $55 per share less a brokerage commission of $270. Journalize the entries for these transactions. 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. Apr. 10 - Purchase July 8 - Dividend Sept. 10 - Sale
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