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Entries for Stock Investments, Dividends, and Sale of Stock Seamus Industries Inc. buys and sells investments as part of its ongoing cash management. The following
Entries for Stock Investments, Dividends, and Sale of Stock Seamus Industries Inc. buys and sells investments as part of its ongoing cash management. The following investment transactions were completed during the year: Feb. 24 Acquired 800 shares of Tett Co.'s stock for $155 per share plus a $192 brokerage commission. May 16 Acquired 1,300 shares of Issacson Co.'s stock for $35 per share plus a $208 commission. July 14 Sold 300 shares of Tett Co. stock for $172 per share less a $112 brokerage commission. Aug. 12 Sold 500 shares of Issacson Co. stock for $28 per share less a $87 brokerage commission. Oct. 31 Received dividends of $0.4 per share on Tett Co. stock. Dec. 31 At the end of the accounting period
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