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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 600 shares of Tett Co. stock for $148 per share plus a $234 brokerage commission. May 16 July 14 Acquired 1,400 shares of Issacson Co. stock for $43 per share plus a $154 commission. Sold 200 shares of Tett Co. stock for $164 per share less a $107 brokerage commission. Aug. 12 Sold 500 shares of Issacson Co. stock for $34 per share less a $105 brokerage commission. Oct. 31 Received dividends of $0.4 per share on Tett Co. stock. Journalize the entries for these transactions. In your computations, round per share amounts to two decimal places. When required, round final answers to the nearest dollar. For a compound transaction, if an amount box does not require an entry, leave it blank. Feb. 24 Investments-Tett Co. Stock Cash May 16 Investments-Issacson Co. Stock Cash July 14 Cash Gain on Sale of Investments Investments-Tett Co. Stock 0000 0000 0 0 Feb. 24 Investments-Tett Co. Stock Cash May 16 Investments-Issacson Co. Stock Cash July 14 Cash Gain on Sale of Investments Investments-Tett Co. Stock Aug. 12 Cash Loss on Sale of Investments Investments-Issacson Co. Stock Oct. 31 Cash Dividend Revenue 000 000 0

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