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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

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. Purchased 3,700 shares of Dixon Company for a price of $59.75 per share plus a brokerage commission of $925.
July 8. Received a quarterly dividend of $0.35 per share on the Dixon Company investment.
Sept. 10. Sold 2,500 shares for a price of $53 per share less a brokerage commission of $520.

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 Investments-Dixon Company Stock fill in the blank 2
Cash fill in the blank 4
July 8 - Dividend Cash fill in the blank 6
Dividend Revenue fill in the blank 8
Sept. 10 - Sale Cash fill in the blank 10 fill in the blank 11
Loss on Sale of Investments fill in the blank 13 fill in the blank 14
Investments-Dixon Company Stock fill in the blank 16

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