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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.
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 2, 500 shares of Baxter Company for a price of $57.75 per share plus a brokerage commission of $625. Apr. 10 Received a quarterly dividend of $0.30 per share on the Baxter Company investment. June 3 Sold 1, 700 shares for a price of $52 per share less a brokerage commission of $350. 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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